AGCO acquires product development and software engineering company

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AGCO announced an agreement to acquire Deviceo Systems, LLC, a software engineering, hardware development and electronics manufacturing company. The acquisition is expected to be finalized in January 2022.

Appareo, based in Fargo, North Dakota, specializes in the research, development, design and manufacture of tangible technologies that use AI, mechatronics and innovative electronics designed to deliver exceptional customer value. The solutions provided by Appareo focus on communication, surveillance, detection, tracking and control of devices and systems used in the agricultural and aviation industries as well as in other off-road activities.

“Appareo has developed a world-class organization with exceptional capabilities to solve very complex customer problems in emerging technology areas,” said Eric Hansotia, Chairman, President and CEO of AGCO. “We see Appareo as a great addition to support the provision of high quality, smart solutions to our farmers to maximize both their user experience and their profitability. The addition of Appareo enhances our portfolio and talents as we execute our strategy of delivering advanced technology solutions to farmers around the world. “

AGCO intends to retain the Appareo team and maintain operations in Fargo, North Dakota and Paris, France.

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