The Tool Desk
Outbyte PC Repair FREEClear out junk files and repair common Windows errorsFree Scan →Outbyte Driver Updater FREEScan for outdated or missing drivers - takes under a minuteDriver Scan →Raven Industries announced an agreement on December 11, 2018, to acquire substantially all of AgSync’s assets, and said the deal closed on January 1, 2019. It was an asset acquisition—not a confirmed purchase of the entire AgSync corporation. Raven said the deal would add agricultural logistics software capabilities to its Slingshot platform.
What Raven agreed to acquire
Raven’s December 11, 2018 announcement described a cash asset purchase agreement covering “substantially all” of AgSync’s assets. The agreement was expected to close January 1, 2019. Raven confirmed on January 2 that the transaction had been completed on January 1.
That distinction matters: Raven’s public description identifies the assets acquired, not a purchase of all of AgSync Inc. The later fact that Raven accounted for the transaction as a business combination in its SEC filing does not change the scope described in the acquisition announcements.
AgSync’s software and Raven’s stated rationale
AgSync developed logistics software for agricultural retailers and other operators coordinating large fleets, multiple locations, limited personnel, and disconnected software systems. Raven said the acquired capabilities would enhance Slingshot, its platform for connecting agricultural operations and equipment.
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- SMART GNSS GUIDANCE & AB LINE PLANNING – Set your field boundary and working width, then let the system generate guidance lines, record driving tracks, and show real-time deviation alerts. Helps you keep straighter passes, reduce overlaps and skips, and work with more confidence in large fields
- MULTI-GNSS, MULTI-FREQUENCY POSITIONING – Supports GPS, GLONASS, GALILEO, and BDS for stable satellite positioning in field operations. The large 9-inch display shows guidance lines, field boundaries, tractor position, and route direction clearly at a glance
- SAVE FIELDS & TRACKS FOR REUSE – Record, name, save, and recall multiple fields and task routes for repeat seasonal work. Easily return to previous field boundaries and guidance tracks for plowing, seeding, spraying, fertilizing, mowing, and other field tasks
- FAST SETUP & WIDE TRACTOR COMPATIBILITY – Designed for most tractors with a suitable metal mounting surface and cab window. The magnetic GNSS antenna mounts outside, while the suction-cup monitor bracket attaches inside the cab with no drilling required. Set up in about 3 minutes and move between machines when needed
- BUILT FOR REAL FARM CONDITIONS – The outdoor GNSS antenna is built to handle rain, dust, mud, and tough field environments, while the monitor stays protected inside the tractor cab. Clear on-screen guidance helps operators stay on track during long working days and low-visibility conditions
Raven identified ag retailers, custom and aerial applicators, forestry operators, seed companies, and enterprise farms among the customer groups it aimed to serve. It said a more connected solution could help organize work tasks, improve fleet efficiency, reduce errors, and streamline documentation. These were anticipated benefits described by the companies, not independently verified post-acquisition results.
At the time of the announcement, Raven said AgSync had annual sales of approximately $3 million in the last twelve months. The December 11, 2018 release did not specify a more exact measurement cutoff, so the figure should be understood as Raven’s approximate contemporaneous estimate.
Rank #2
- Complete Tractor Guidance System: Includes stable software to guide tractor along AB lines, featuring a 7 inch waterproof navigator display with high-precision GNSS Board, high precision GNSS GPS Antenna, and all necessary accessories cables and tools
- Smart GNSS Guidance & AB Line Planning: Generates straight AB lines or curve paths based on your field boundary and working width, records driving tracks and provides real-time deviation alerts to keep passes straight at night or in low visibility conditions
- Multi-Frequency Positioning (L1L5): Large 7 inch screen displays guidance lines, field boundaries, and tractor position in real time. The L1L5 multi-frequency module delivers higher accuracy and more stable signals than single-frequency GPS, keeping every pass on track even near trees or buildings. The device needs to be connected to either a cell phone hotspot or a personal mobile network
- Wide Application Compatibility: Tractor GPS navigation system can be widely used for sowing, cultivating, trenching, ridging, spraying pesticide, transplanting, land consolidation, harvesting and other work scenes. Suitable for John Deere, Case IH, New Holland, Massey Ferguson, Fendt, Kubota, and most tractors. Suction-cup tablet bracket mounts on cab window with no drilling required. Swap between machines in approximately 3 minutes
- Google Maps & 48 Languages: Built on Google Maps for use in most regions worldwide, suitable for international farms or contractors. 48 language options let operators work in their native language, reducing training time and errors
Announcement, closing, and later ownership
| Date | Event |
|---|---|
| December 11, 2018 | Raven announced an agreement to acquire substantially all AgSync assets, with closing expected January 1, 2019. |
| January 1, 2019 | The acquisition closed, according to Raven’s subsequent announcement. |
| January 2, 2019 | Raven publicly announced completion of the transaction. |
| November 30, 2021 | CNH Industrial completed its acquisition of Raven Industries. |
CNH Industrial’s acquisition of Raven is relevant to the later ownership history, but it does not establish whether AgSync remains a current product brand, whether its software is available, or what any present-day terms might be.
What Raven reported about the deal’s price
In its fiscal 2021 Form 10-K, Raven reported an approximate purchase price of $9.7 million for the AgSync transaction. That figure included potential earn-out payments with an estimated fair value of $2.052 million. Separately, Raven described the earn-out as capped at $3.5 million, contingent on revenue milestones and payable annually over three years after the purchase date. The estimated fair value is an accounting estimate; the $3.5 million figure is the contractual cap, not an amount established as paid.
Recommended Free Tools
Rank #3
- 2.5cm Accuracy: Correction sources by RTK Base SMA26 Pro or CORS give the JY305 Plus autosteering system an accuracy of 2.5 cm. Please purchase the JY305 Plus+SMA26 Pro RTK base bundle if you do not have CORS. Otherwise, it operates in PPP mode with an accuracy of 10 cm and above. There is no need for additional networks subscriptions or charges when using SMA26 Pro RTK BASE or PPP
- Necessary Parts: 1)Included extra and built-in gyroscope: Single or double gyro mode both work with the JY305 Plus gps system for tractor 2) Included type A spline with 36 teeth and a diameter of 21.3-21.7 mm, which is compatible for New Holland and John Deere. Free additional spline from SMAJAYU is available to fit kinds of brand tractor
- Software and Support: 1) The tablet integrated with the JY305 Plus tractor GPS Auto Steer System supports multiple languages: English, Spanish, French, etc., and supports various constellations and frequencies. It supports farm surveying and farm management. Field area and speed can be viewed on the display screen. It supports importing A-B lines. 2) It supports installation manuals, video training, and remote diagnostics
- Package Inclusions: 10-inch waterproof tablet with a high-precision GNSS board, a high-torque auto steering motor with an integrated controller,a high-precision GNSS GPS receiver, a extra gyroscope and additional cables and tools. Weight:20kg/set, Size: 67.5*48.5*26.8cm/set
- Working Instructions and Uses: On a farm, this JY305 tractor auto steering system can steering on its own which reduces labor investment, increases farmer productivity and makes farming more intelligent for sowing, cultivating, trenching, ridging, spraying, transplanting, consolidating land, harvesting, and other tasks. It can be used with a wide range of tractors, harvesting equipment, rice transplanters, plant protection equipment, and other agricultural implement
Company statements at the time
Announcing the agreement, Brian Meyer, Raven Applied Technology’s vice president and general manager, said: “As part of Raven’s continued commitment to ag retailers and commercial applicators, this acquisition will be a significant springboard into further advancements for, and the expansion of, the Slingshot ecosystem.”
Paul Welbig, director of Slingshot Services and Logistics for Raven Applied Technology, described the expected customer impact: “The combined solution will improve the bottom-line of our customers by enabling them to organize work tasks more effectively, improve fleet efficiency, reduce errors and streamline documentation — all via a completely connected solution.”
Rank #4
- What is it: JY100 Plus Tractor guidance system with stable software to guidance tractor go along with AB line. includes a 10inch water proof android tablet integrated with a high-precision GNSS Board, and a high precision 601A GNSS GPS Antenna and accessories cables and tools, precision AG software included permanently valid
- How to work:This JY100 Plus tractor GPS navigation system is integrated with farming tractor navigation software, guide tractor go along with straight navigation or Curve under Setting AB line accordingly work for high precision agriculture. Four steps to start guidance for farming:1.Connect GNSS Antenna to ANT1 port and install on central AXIS of tractor. 2. Turn off autosteering 3. Select correct Antenna:T101 single antenna 4.Create A-B line to start
- Where to use: JY100 Plus Tractor GPS navigation system can be widely used for sowing, cultivating, trenching, ridging,spraying pesticide,transplanting,land consolidation, harvesting and other work scenes. It is suitable for various applications of tractors, harvesting machines, trees planting, rice transplanters,and other agricultural implepment
- Why to use: JY100 Plus Tractor guidance system stable, Easy to install. Compatible with any brand and any model of tractor. works in any country. Greatly improved farming accuracy and efficiency
- Supports multiple constellations & frequencies: GPS L1, L2 GLONASS L1, L2 BeiDou B1,B2，B3 . Multiple languages supported, Map-based navigation,Task Controller functionality via Setting A-B for straight navigation,curve navigation or history path navigation
After the deal closed, Meyer said, “We are pleased to officially welcome the AgSync team to the Raven family.” AgSync head of sales Clay Rassi said, “We are excited to join Raven on their mission to improve agricultural efficiency around the globe.” These remarks record the companies’ stated aims and reactions at the time; they do not measure later operating outcomes.
Quick Recap
Best Value
- 【High-Precision Positioning Technology】The SMA10 GPS for tractors for spraying integrates multiple positioning technologies including PPP,SBAS and RTK ensuring positioning accuracy up to 2.5cm for manual steering, helping users stay on the planned path and enhancing operational efficiency
- 【Versatile Guidance System】The SMA10 farm tractor GPS guidance systems offer a variety of guidance lines such as straight, curve, A+ line, pivot, and line group to cater to diverse field shapes and operational needs. Facilitates guidance line translation and seamless data transfer across various formats, ensuring top-tier performance at a competitive, budget-friendly price point
- 【Implement Management】Equipped with a wireless module, the SMA10 tractor agricultural GPS system offers VT/TC functionalities for real-time equipment monitoring and control, simplifying operations such as seeding, fertilizing, and spraying, thereby substantially increasing work efficiency and reducing waste
- 【High-Performance Hardware Specifications】The SMA10 Tractor GPS System for spraying fields feature a 10.1 inch high-resolution display, 2.0 GHz CPU, 6 GB RAM, and 128 GB ROM storage, Wi-Fi 802.11a/b/g/n/ac, and Bluetooth 5.0, ensuring smooth operation of the system
- 【Support and Warranty】Relax with the assurance of a one-year warranty and ongoing lifetime technical support for a worry-free experience. Get up to speed with ease using our comprehensive user manual and step-by-step video tutorials. The tractor guidance system's software included in the collector is permanently valid, and we offer a commitment to perpetually free software upgrades and updates to keep your system current and efficient
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
