Monsanto Acquires Crop Biotech Firm Grassroots Biotechnology | GenomeWeb

NEW YORK (GenomeWeb News) – Monsanto has acquired agricultural biotechnology firm GrassRoots Biotechnology for an undisclosed amount.

The acquisition was made earlier this month, and in an e-mail to GenomeWeb Daily News, a Monsanto spokesperson said, "GrassRoots focuses on gene expression and other agricultural technologies that will complement Monsanto's biotechnology research and development work."

All research employees will be offered positions at Monsanto. The spokesperson declined to disclose further terms of the deal.

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