WILMINGTON, Del. — DuPont announced that it has signed a definitive agreement to acquire San Francisco-based Granular Inc., a provider of software and analytics tools that help farms improve efficiency, profitability and sustainability. Granular also operates AcreValue.com, a digital marketplace for farmland real estate.
Sid Gorham, Granular’s co-founder and CEO, will continue to lead Granular and will lead Digital Agriculture for DuPont, which includes responsibility for Encirca services, DuPont’s agronomic software business.
Granular was founded in 2014 with the mission of helping farmers operate more efficient and profitable businesses. The company serves many of the farms in the industry across the U.S., Canada and Australia. Granular’s position has enabled it to generate value for growers farming nearly 2 million acres of commodity and specialty crops.
Closing of the acquisition is subject to customary closing conditions and is expected in the third quarter. Terms of the agreement were not disclosed. Following the close, Granular will continue to maintain its offices in San Francisco, California and Champaign-Urbana, Illinois.