Zoetis Acquires Cloud-Based Livestock Software Company

Animal health leader Zoetis (NYSE: ZTS) announced today that it is acquiring Performance Livestock Analytics, a privately held company that sells cloud-based data and analytic solutions for beef producers. The financial terms of the deal weren't disclosed.

The Iowa-based technology company was the first to offer cloud-based data management to beef producers, and sells two solutions to help feedlot managers make financial and nutrition decisions. Performance Beef tracks feed and livestock inventory to monitor health and weight trends, while Cattle Krush monitors market data and offers analytics to help in buying and selling cattle.

Image source: Getty Images.

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Source Fool.com