When I think about the biggest changes in the industry over the last 55 years, 2 things come to mind: consolidation and technology.

According to a report from Daily Camera, Trimble has sold its 60,030 square foot space in Boulder, Colo., that it purchased in 2019 and opted to consolidate all its Colorado operations in Westminster, Colo.

Even in a challenging ag economy, dealerships are looking for opportunities which can strengthen the business for the future. Acquisitions and consolidation have long been a part of the farm equipment industry. But collaborations and partnerships, especially on the precision farming side, could be key in further developing this side of the business for dealers.

Consolidation is trending in the precision farming industry with several equipment manufacturers, hardware suppliers and data management providers merging or forming business partnerships in recent months.

It’s the biggest takeover so far this year and the biggest obstacle the two companies are confronting is getting the merger past regulators around the globe, according to CNN Money.