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

Simple, practical hay rakes

Grassland specialists Kuhn has extended its Gyrorake offering with the addition of the GA 8731+ and GA 9531+ models.

Shorter chop version of loader

German manufacturer Strautmann is launching a shorter chop version of its Magnon 10 loader wagon that was launched in 2019.

Front-end loader with better reach

Front end loaders have become the mainstay of on-farm material handling, probably since Quicke released the first drive-in/detachable machines in the early 1960s.

Featured

Hole-in-one a lucky shot overseas

A calf born at a Waikato Holstein Friesian stud has stunned her owner with her incredibly high credentials – surpassing his hope that she was going to be one out of the box.

McClay to visit India

Agriculture and Trade Minister Todd McClay plans to visit India in the next fortnight, his first trade mission since the formation of the Government.

Norco bounces back from flood

Australia's largest dairy co-operative Norco is back making ice cream, 18 months after a catastrophic flood destroyed its manufacturing plant.

Political turmoil hits Dutch farm buy-out scheme

While New Zealand seems to be treading water on the subject of pricing emissions and the future of He Waka Eke Noa (HWEN), pending a new government, the Netherlands has been clearer on its proposed farm buy-out scheme, as part of its effort to reduce nitrogen emissions by at least 55% by 2030.

National

BVD cases on the rise

The Waikato region is currently experiencing a concerning surge in Bovine Viral Diarrhea (BVD) cases within dairy herds, with the…

DCANZ's wish list for new Govt

New Zealand dairy companies say their policy priorities for the incoming government are the same as they were for the…

Machinery & Products

CNH buys GNSS

CNH Industrial has completed its purchase of the global satellite navigation technology leader Hemisphere GNSS (Hemisphere) for a total price…

Shorter chop version of loader

German manufacturer Strautmann is launching a shorter chop version of its Magnon 10 loader wagon that was launched in 2019.

Front-end loader with better reach

Front end loaders have become the mainstay of on-farm material handling, probably since Quicke released the first drive-in/detachable machines in…

» The RNG Weather Report

» Latest Print Issues Online

Milking It

Plant-based joke

OPINION: Some users of social media website X, formerly Twitter, are hard to understand.

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter