Canada: Hemisphere GPS, a designer and manufacturer of advanced GPS products, completed the acquisition of all of the assets and operations of AgJunction from GVM, Inc. AgJunction has developed a patent-pending, flexible, web-based, precision agriculture system for client, farm and field management that leverages wireless communications and cloud-computing. AgJunction’s branding and availability will remain intact as Hemisphere GPS’ cloud computing division.
As part of the acquisition, Mark Anderson, President and owner of GVM, Inc., will join the Hemisphere GPS Board of Directors. Upon completion of the acquisition, Hemisphere GPS has a total of 66,271,819 common shares outstanding.
Source: Hemisphere GPS