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Stock impact report

John Deere agrees to buy US construction tech firm Tenna [Yahoo! Finance]

Deere & Company (DE) 
Last deere & company earnings: 2/21 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.deere.com/home/default.aspx
Company Research Source: Yahoo! Finance
The agreement covers the purchase of Tenna, the company's namesake integrated platform built for tracking and managing mixed-fleet equipment and other assets in the construction industry. Tenna currently operates under The Conti Group. The transaction remains subject to regulatory approval, with completion expected by February 2026. Following the acquisition, Tenna will continue its operations independently, offering services directly to clients in the construction sector under its existing tradename. The company plans to maintain its focus on expanding its offering through its mixed-fleet management model. With over a century of experience in construction, Tenna offers solutions designed to connect various aspects of fleet management. The company states that its technology links operations between job sites, equipment shops and office locations, aiming to help contractors manage resources effectively. Tenna's platform automates workflows for contractors and enables nea Show less Read more
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