Syngenta and Strider announced recently that Syngenta has entered into a binding agreement to acquire Strider, a Brazilian agtech company focused on operational management solutions for farms.

Completion of the transaction is subject to clearance by the relevant merger-control authorities. Financial terms of the transaction have not yet been disclosed.

Strider is an important player in the Latin American digital agriculture market and the transaction will enhance Syngenta’s ability to bring greater value to customers by providing innovative digital solutions for the management of on farm information.