fbpx
Print this page
Friday, 17 November 2023 11:55

CNH buys GNSS

Written by  Staff Reporters
Global satellite navigation technology leader Hemisphere GNSS has been sold for US$175m. 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.

More like this

Vapormatic joins JD's parts range

John Deere has expanded its repair and replacement part offerings, with the Vapormatic brand officially added to its range of ‘Alternative Parts’ in New Zealand.

GPS in control

In a move that will make harvesting operations easier, particularly in odd-shaped paddocks, Kuhn has announced that GPS section control is now available on the FC 9330 RA mower conditioner, the GA 13231, and GA 15231 four-rotor rakes.

Featured

MFE making a pig's ear of land use policy

The Ministry for the Environment (MfE) has found itself in a stoush with NZPork over the controversial National Policy Statement for Highly Productive Land (NPS-HPL).

Methane group won't be gaslighted

The lobby group the Methane Science Accord (MSA) says it welcomes a recent government move to seek outside advice on reducing biological methane targets, rather than relying on recommendations made by the Climate Change Commission.

No fanfare for water plan

After a decade of consultation and court battles, Environment Southland has officially adopted a plan to prevent further decline in the region's water quality.

Bank inquiry ultimatum!

Farmers are throwing down the gauntlet to politicians - hold an independent inquiry into rural bank lending or face tough questions from the farming sector.

National

Canada's flagrant dishonesty

Deeply cynical and completely illogical. That's how Kimberly Crewther, the executive director of DCANZ is describing the Canadian government's flagrant…

Regional leader award

Eastern Bay of Plenty farmer Rebecca O’Brien was named the 2024 Dairy Women’s Network (DWN) Regional Leader of the Year.

Machinery & Products

Tractor, harvester IT comes of age

Over the last halfdecade, digital technology has appeared to be the “must-have” for tractor and machinery companies, who believe that…