M&A Deal Summary

The Climate Acquires WeatherMe OÜ

On November 21, 2016, The Climate acquired internet software and services company WeatherMe OÜ

Acquisition Highlights
  • This is The Climate’s 2nd transaction in the Internet Software and Services sector.
  • This is The Climate’s 1st transaction in Estonia.

M&A Deal Summary

Date 2016-11-21
Target WeatherMe OÜ
Sector Internet Software and Services
Buyer(s) The Climate
Deal Type Add-on Acquisition

Target

WeatherMe OÜ

Tallinn, Estonia
VitalFields is a farm management software company. 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.

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Buyer(S) 1

Buyer

The Climate

San Francisco, California, United States

Category Company
Founded 2006
Sector Information Technology
Employees150
DESCRIPTION

The Climate Corp. aims to help farmers around the world protect and improve their farming operations with uniquely powerful software and insurance products. The company's proprietary technology platform combines hyper-local weather monitoring, agronomic data modeling, and high-resolution weather simulations to deliver climate.com, a SaaS solution that helps farmers improve their profits by making better informed operating and financing decisions, and Total Weather Insurance, an insurance offering that pays farmers automatically for bad weather that may impact their profits.


DEAL STATS #
Overall 4 of 5
Sector: Internet Software and Services M&A 2 of 3
Type: Add-on Acquisition M&A Deals 3 of 4
Country: Estonia M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-08 640 Labs

Chicago, Illinois, United States

640 Labs, Inc. is an agricultural technology.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-08 HydroBio

Denver, Colorado, United States

HydroBio is a software as a service company that uses satellite image driven analytics to conserve water and maximize crop yields. It is an agricultural decision support service currently supporting thousands of acres on three continents, saving time and money by informing optimal irrigation practices and identifying problems before they impact harvest.

Buy -