Actioning growth plan, Semios acquires Centricity
The acquisition comes less than a month after the local Agtech leader acquired California-based Altrac.
Vancouver’s Semios, a growing agtech company, announced today the acquisition of Wenatchee, Washington-based Centricity, a company specializing in data collection for agriculture.
Why it matters: On June 8, Vancouver Tech Journal reported that Semios’ acquisition of Altrac—a Californian agriculture automation platform that enables farmers to monitor and control agricultural systems from their computer or mobile device—was part of a larger plan. We were told then that the company had more moves on the horizon. Centricity is the next to come into view.
Details: “At Semios, we understand the essential role data plays in informing key decisions that can affect the overall health and success of crops,” said Dr. Michael Gilbert, CEO of Semios, in a statement. “Growers today are tasked with the management and interpretation of data from a growing number of important agriculture solutions which collectively are taking them away from what they do best. Centricity and Semios offer complementary solutions to an overlapping customer-base and the integration of our offerings into one dashboard will give growers access to valuable information they need all in one place, making their jobs easier.”
Centricity’s flagship product is ApRecs, a market-leading solution that allows growers to make better process decisions through industry compliance and operational workflow so they can focus on growing.
“Farmers have been asking for separate sources of critical information to be together and accessible in one place,” said Drew Zabrocki, CEO of Centricity. “We’re excited to join forces with Semios and, together, pursue opportunities to accelerate the delivery of new, integrated solutions that will bring value to our customers. Centricity has a decade of supply chain and industry relationships, innovation partnerships and new-era technology we know will help to further differentiate Semios in current and new markets.”
New teammates: Semios, now bolstered by Altrac and Centricity, have a robust suite of Agtech products, making Semios an even more well-rounded outfit. According to Gilbert, both Altrac and Centricity’s offerings address the needs Semios is seeing in the industry. “Our market development and partnership strategies are heavily influenced by the input of our customers; everything we do is grower-driven. As we advance our mission of simplifying the grower's experience, we will continue to execute on what customers have told us they need as we further build out our Precision Agriculture As A Service to help farmers produce a better crop, while saving time and money,” he added.
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