Lindsay Corporation (NYSE: LNN), a global leader in the manufacturing and distributing of irrigation and infrastructure equipment, has announced the acquisition of FieldWise, LLC, a prominent player in the agricultural technology sector. The acquisition emphasizes Lindsay’s commitment to advancing precision irrigation solutions and marks a significant expansion in the smart irrigation and AgTech markets.
Founded in 2008 and based in Norfolk, Nebraska, FieldWise specializes in subscription-based precision irrigation solutions. The company provides agricultural producers and service providers with innovative tools for remote monitoring and intelligent control of farm and ranch assets. Focusing on mechanized irrigation applications, FieldWise aims to enhance agricultural operations’ productivity, efficiency, and profitability.
Strengthening Lindsay’s Position
Adding FieldWise will bolster Lindsay’s standing in the smart irrigation and AgTech sectors. The company will propel two market-leading solutions, serving a broader customer base through an expanded distribution network. FieldWise will continue to operate independently, remaining a trusted choice for non-Zimmatic irrigation providers globally. Meanwhile, Lindsay’s FieldNET brand will persist as the remote irrigation management solution sold through its network of Zimmatic dealers.
Shared Vision and Future Growth
Randy Wood, President and CEO of Lindsay Corporation, expressed enthusiasm for the acquisition, stating that FieldWise’s capabilities align perfectly with Lindsay’s mission. He praised FieldWise’s rapid innovation and trustworthiness among growers and irrigation service providers. Wood also emphasized that the acquisition advances Lindsay’s technology leadership and opens new markets and channels for growth.
Brian Klawinski, President and CEO of FieldWise, shared his excitement about becoming part of Lindsay Corporation. He expressed confidence in continuing FieldWise’s customer-centric focus and leveraging Lindsay’s resources and capabilities. Klawinski assured FieldWise would retain its employees, brand name, product offerings, and operations at its Norfolk location, remaining committed to delivering exceptional customer experiences.