SAN FRANCISCO & TALLINN, Estonia--(BUSINESS WIRE)--
Today, The Climate Corporation, a subsidiary of Monsanto Company,
announced the acquisition of VitalFields, a European farm management
software company based in Tallinn, Estonia. The VitalFields team will
join The Climate Corporation, strengthening the company’s efforts to
deliver industry-leading digital technologies to farmers around the
world.

Founded in 2011 and available in seven European countries, VitalFields
offers an easy-to-use tool for farmers to plan, manage and analyze their
field activities, including simplified tracking and reporting of all
crop inputs to help ensure compliance with European Union environmental
standards.

“At Climate, our vision is to deliver one centralized digital
agriculture platform to provide farmers with the tools they need to
optimize their operations,” said Mike Stern, chief executive officer for
The Climate Corporation. “VitalFields has built a successful business
spanning multiple European countries, and we see how their digital tools
will complement our Climate FieldView platform offerings in the future.
This acquisition marks Climate’s first step into the European market,
and we’re looking forward to working with VitalFields to grow and
enhance their current tools to help farmers maximize their return on
every hectare.”

VitalFields’ tools will continue to be sold in Europe. Climate plans to
expand the VitalFields user base to help European farmers uncover
valuable field insights and use field data to improve productivity.

“We share The Climate Corporation’s vision of providing one connected
digital ag platform for farmers across the globe,” said Martin Rand,
chief executive officer and co-founder for VitalFields. “We look forward
to the opportunity to expand the availability of the tools we’ve
developed to help more farmers across Europe broaden their experience of
the value digital tools can provide toward greater efficiency and
sustainability.”

Prior to this acquisition, Monsanto Growth Ventures (MGV), the venture
capital arm of Monsanto Company, saw promise in the developing company
and was an early investor in VitalFields, incorporating it into the MGV portfolio
that includes a wide-range of independent companies active in key areas
of agricultural productivity.

Backed by the most powerful data science engine and most extensive field
research network in the agriculture industry, The Climate Corporation’s
industry-leading Climate FieldView platform delivers customized insights
that help farmers make data-driven decisions with confidence to maximize
yield potential, improve efficiency, and manage risk. Officially
launched in 2015, the Climate FieldView platform is now on more than 95
million acres across the United States and Brazil, with more than
100,000 U.S. farmers engaging in Climate’s digital tools. In less than
two growing seasons, Climate FieldView has quickly become the most
broadly connected platform in the industry and has continued to expand
into global regions, including recent expansion into Canada and Brazil.

The terms of the agreement were not disclosed. The VitalFields team will
continue operating in Europe.

For more information about The Climate Corporation and the Climate
FieldView platform, visit www.climate.com.

About The Climate Corporation

The Climate Corporation, a subsidiary of Monsanto Company, aims to help
all the world's farmers sustainably increase their productivity through
the use of digital tools. The integrated Climate FieldView digital
agriculture platform provides farmers with a comprehensive, connected
suite of digital tools. Bringing together seamless field data
collection, advanced agronomic modeling and local weather monitoring
into simple mobile and web software solutions, the Climate FieldView
platform gives farmers a deeper understanding of their fields so they
can make more informed operating decisions to optimize yields, maximize
efficiency and reduce risk. For more information, please visit www.climate.com
or follow the company on Twitter @climatecorp.

About Monsanto Company

Monsanto is committed to bringing a broad range of solutions to help
nourish our growing world. We produce seeds for fruits, vegetables and
key crops – such as corn, soybeans, and cotton – that help farmers have
better harvests while using water and other important resources more
efficiently. We work to find sustainable solutions for soil health, help
farmers use data to improve farming practices and conserve natural
resources, and provide crop protection products to minimize damage from
pests and disease. Through programs and partnerships, we collaborate
with farmers, researchers, nonprofit organizations, universities and
others to help tackle some of the world's biggest challenges. To learn
more about Monsanto, our commitments and our more than 20,000 dedicated
employees, please visit: discover.monsanto.com
and monsanto.com.
Follow our business on Twitter® at twitter.com/MonsantoCo,
on the company blog, Beyond the Rows® at monsantoblog.com
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About VitalFields

WeatherMe OÜ, which does business as VitalFields, is a digital
agriculture company that offers an easy-to-use farm management system
for farmers to plan, manage and analyze their field activities,
including simplified tracking and reporting of all crop inputs to help
ensure compliance with European Union environmental standards. Founded
in 2011 and based in Tallinn, Estonia, VitalFields is available in seven
European countries: Austria, Estonia, Germany, Poland, Romania,
Switzerland and Ukraine. For more information, please visit www.vitalfields.com.