Monsanto subsidiary, Climate Corporation, buys fellow digital agriculture company, HydroBio

Monsanto subsidiary, The Climate Corporation, announced the acquisition Monday of Denver-based software company, HydroBio, bolstering the company's focus on digital tools applied to agriculture. Financial details of the acquisition were not disclosed.“HydroBio has unique irrigation-focused data analytics capabilities, and as global water use for crop production increases, efficient irrigation is becoming even more important to the future of sustainable agriculture,” said Mike Stern, chief executive officer for Climate Corp., in a statement. “HydroBio has built a successful business, and their tools will complement our Climate FieldView digital agriculture platform offerings in the future.”