CNH Industrial has completed its purchase of the global satellite navigation
technology leader Hemisphere GNSS (Hemisphere) for a total consideration of USD
$175 million \u2013 as announced on March 30, 2023.
This acquisition solidifies CNH\u2019s in-house precision, automation and autonomy
technology, enabling us to continue Breaking New Ground for the agriculture and
construction industries. It furthers our vertical integration efforts to deliver
cutting-edge core technologies to our customers\u2019 fleets for top performance,
combined with a smooth and seamless user experience.
With Hemisphere\u2019s expertise and network, we are accelerating our 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.
\u201cBringing Hemisphere\u2019s talent and resources into CNH reflects the energy and
momentum of our 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,\u201d said Marc Kermisch,
Chief Digital & Information Officer at CNH.
CNH is devoted to customer-inspired innovation. We are making farming and
building easier, more productive, and more sustainable by giving our customers
smart machinery that helps them make informed decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"
CNH Industrial has completed its purchase of the global satellite navigationtechnology leader Hemisphere GNSS (Hemisphere) for a total consideration of USD$175 million \u2013 as announced on March 30, 2023.This acquisition solidifies CNH\u2019s in-house precision, automation and autonomytechnology, enabling us to continue Breaking New Ground for the agriculture andconstruction industries. It furthers our vertical integration efforts […]<\/p>\n","protected":false},"author":2,"featured_media":4633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[334,31,333,53],"yoast_head":"\n