John Deere has agreed to acquire Tenna, a construction technology company specializing in mixed-fleet management and asset tracking solutions, aiming to enhance operational efficiencies in the construction sector.

Information on the Target

John Deere has entered into an agreement to acquire Tenna, a technology company specializing in construction solutions. Headquartered in New Hope, Pennsylvania, Tenna offers an integrated platform designed for efficient operation of construction equipment, delivering mixed-fleet management and asset tracking solutions.

The Tenna platform provides contractors with a comprehensive, real-time overview of their equipment operations. It enhances transparency regarding equipment usage and maintenance requirements, ultimately facilitating improved jobsite planning and coordination to heighten productivity while reducing operational costs.

Industry Overview in the Target’s Specific Country

The construction technology sector in the United States is undergoing significant transformation, driven by advancements in data analytics and connectivity. Companies are increasingly adopting integra