increase font size
Global satellite navigation technology leader Hemisphere GNSS has been sold for US$175m.
CNH Industrial has completed its purchase of the global satellite navigation technology leader Hemisphere GNSS (Hemisphere) for a total price of US$175 million, following on from the initial intention signalled earlier in the year.
This acquisition is said to solidify CNH’s in-house precision, automation and autonomy technology, allowing the group to continue its “Breaking New Ground” initiative for the agriculture and construction industries. It should also offer improved vertical integration efforts to deliver core technologies to customers’ fleets for top performance, combined with a smooth and seamless user experience.
With the addition of Hemisphere’s expertise and network, CNH also hopes to accelerate a strategic plan to attain leadership in automation technology, expedite delivery of a fully autonomous farming cycle, and extend and enhance automation and autonomy across a broad range of agriculture and construction applications.
Marc Kermisch, chief digital & information officer at CNH, says bringing Hemisphere’s talent and resources into CNH reflects the energy and momentum of their investments in tech innovation.
“From 2024 onwards, we will bring notable value to customers through significant advancements in our journey from automating certain tasks to fully autonomous operation,” says Kermisch.
While it wouldn’t be unfair to call the LDV T60 “the poor man’s ute”, a change of distributor in 2023 has seen the brand raise its profile, while the recent arrival of the new LDV T60 Max Plus, will undoubtedly open the door to a wider audience for the brand.
Ag and Civil Machinery Direct, a division of Hamilton- based Waikato tractors, has recently been awarded the sole distribution in New Zealand for Kemper’s range of precision forage equipment.
While the name and technology remain unchanged and new machines will continue to carry the Novag name, all the assets, intellectual property and staff of the French manufacturer have been acquired by a new organisation called Agriculture Nouvelle Génération.
Recent rain has offered respite for some from the ongoing drought.
Having already hit the headlines for recycling broken 2.4 metre vineyard posts into 1.8 and 1.6 metre, half and quarter posts for agriculture, Repost recently hit the milestone of one million posts recycled, diverting the CCA treated posts from landfill.
New Zealand’s special agricultural trade envoy Hamish Marr believes the outlook for the dairy sector remains strong.
Everyone from experienced veterinarians and young professionals to the Wormwise programme and outstanding clinics have been recognised in this year’s New Zealand Veterinary Association Te Pae Kīrehe (NZVA) awards.
OPINION: The Government's latest move to make freshwater farm plans more practical and affordable is welcome, and long overdue.
Global Dairy Trade (GDT) and Arla Foods have announced that Arla will begin offering European-sourced skim milk powder (SMP) on GDT Pulse from May 2025 as part of an extension to the GDT Pulse pilot.
Farmers in the Australian state of New South Wales will soon be able to use virtual fencing and herding technology to boost farm productivity.
Hawke's Bay teenage entrepreneur Hugo Moffett is helping the rural community access cheaper school uniforms, all without leaving their homes.
OPINION: Farmers won't get any credit for this from the daily media, so Milking It is giving the bouquets where…
OPINION: The Advertising Standards Authority’s 2024 report revealed that not only is social media rotting our brains, it is also…
