The acquisition will enable Lindsay Corporation to expand into smart irrigation and other agritech markets, offer more innovative solutions and enhance its market reach and distribution network.
In the News
- Lindsay Corporation (NYSE: LNN), an irrigation and infrastructure technology manufacturer, has acquired FieldWise, LLC, a renowned leader in agricultural technology production.
- FieldWise provides precision irrigation solutions that allow farmers to remotely monitor and control critical assets on their farms.
- The acquisition will enable Lindsay Corporation to expand into smart irrigation and other agritech markets, offer more innovative solutions and enhance its market reach and distribution network.
Global irrigation and infrastructure equipment and technology manufacturer and distributor, Lindsay Corporation (NYSE: LNN), has acquired FieldWise, LLC, a renowned market leader in agricultural technology productions.
Lindsay Corporation (NYSE: LNN) is situated in the US. The agritech company has been a frontier for research and development since 1955. The establishment provides innovative solutions that meet global food, fuel, fibre, and transportation needs. The Lindsay family of irrigation brands includes Zimmatic® centre pivot and lateral move agricultural irrigation systems, FieldNET® remote irrigation management and scheduling technology, and industrial IoT solutions.
FieldWise® provides farmers and their service providers with innovative solutions which allow agricultural producers remotely monitor and control critical assets on their farms or ranches. FieldWise, LLC, is subscription-based, with an emphasis on mechanised irrigation applications. Their precision irrigation solutions help farmers improve operational efficiency, productivity, and profitability. FieldWise, LLC, was founded in 2008, with headquarters in Norfolk, Nebraska, US.
FieldWise’s acquisition by Lindsey Corporation will help Lindsey expand, and position Lindsey in smart irrigation and in other agritech markets. Lindsey will now offer more agricultural innovative solutions, and expand its market reach and distribution network.
Download the Ebook now
FieldWise will continue to operate independently and remain the trusted choice for non-Zimmatic irrigation solution providers around the world, while Lindsay’s FieldNET® brand will continue to be the remote irrigation management solution sold through Lindsay’s global network of Zimmatic® dealers.
Read also: Trace Genomics & CHS Inc. Forge Arrangement for Sustainable Agricultural Solutions
“FieldWise is an ideal fit for Lindsay. Their capabilities and values align perfectly with our mission to strategically grow and deliver powerful, irrigation technology solutions that conserve natural resources, enhance quality of life and expand our world’s potential. The addition of FieldWise advances Lindsay’s technology leadership position in the market and will allow Lindsay to serve an even broader set of customers and service providers globally, which also opens new markets and channels for growth,” said Randy Wood, President and CEO of Lindsay Corporation.
“The FieldWise team has shown an impressive ability to rapidly innovate in response to the evolving needs of their customers, and they have gained the trust of thousands of growers and irrigation service providers around the world. Today, we are proud to welcome their incredible team into the Lindsay family and look forward to supporting them as they continue to serve and grow their global customer base,” the CEO continued.
Brian Klawinski, President and CEO of FieldWise, also expressed excitement about becoming part of the Lindsay family, assuring uncompromising satisfaction to customers and employees. “We remain focused on delivering an exceptional customer experience, while serving the needs, and continuing to earn the trust, of our distribution partners and growers around the world,” he adds.
Cover image from Perth Reticulation Experts
