Vancouver’s Farm at Hand has been acquired by TELUS. Financial terms of the agreement were not disclosed.
The farm management platform makes it easier for growers to track farm inventory and manage field records — whether it be equipment, crop inventory, or sales.
According to a blog post announcing the acquisition, TELUS is making a commitment to help the industry that our food system is built on.
The announcement also states that user access to existing Farm at Hand tools will not change. Instead, TELUS will make Farm At Hand the hub that links together leading-edge software and IoT devices.
The move by TELUS shouldn’t come as a surprise. Last year TELUS announced the launch of its LTE-M low-power wide-area (LPWA) network across Canada. The TELUS LTE-M network delivers a strong wireless connection to IoT devices while requiring minimal power for each transmission.
The technology is crucial for large-scale IoT deployments and devices located in remote areas, like a sensor in a farmer’s field to measure precise rainfall accumulation, as it saves time and maintenance resources while increasing device uptime.
Farm At Hand was founded in 2012 in Saskatchewan and relocated its operations to Vancouver the following year. In 2015 it became an arm of Winnipeg-based grain marketing consultancy FarmLink Marketing Solutions; co-founders Kim Keller and Himanshu Singh left the company the following year.