The acquisition of Digi-Star reflects Topcon Positioning Group’s optimism about global agricultural markets, says Topcon’s president and chief executive officer.

“After several years of working on development projects together, we are delighted with this acquisition. Digi-Star and Topcon Precision Agriculture are a perfect fit, bringing complementary technologies and distribution channels to our rapidly growing precision agricultural division,” Ray O’Connor said in today’s announcement of the deal. “At a time when many companies are decreasing their investment in agricultural markets, we are increasingly optimistic about their growth based upon our strong commitment to developing management systems and solutions that bring the power of the Internet of Things to every farm.”