CNH is buying GNSS firm Hemisphere

CNH is expanding its portfolio through buying GNSS firm Hemisphere.
By MJ Woof October 13, 2023 Read time: 1 min
CNH has completed its purchase of GNSS firm Hemisphere © Wirestock|Dreamstime.com


CNH has closed the deal for its purchase of Hemisphere GNSS, a move that consolidates its capabilities for machine guidance and connectivity technology. This development strengthens CNH’s position as a leading technology provider for construction.

CNH Industrial purchased the global satellite navigation technology firm Hemisphere GNSS (Hemisphere) for a total consideration of US$175 million.

This acquisition solidifies CNH’s in-house precision, automation and autonomy technology, enabling us to continue Breaking New Ground for the construction industry. It furthers CNH’s vertical integration efforts to deliver cutting-edge core technology to customer fleets.

With Hemisphere’s expertise and network, CNH says it is accelerating its strategic plan to attain leadership in automation technology and extend and enhance automation and autonomy across a broad range of construction applications.

“Bringing Hemisphere’s 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,” said Marc Kermisch, chief digital & information officer at CNH.
 

Finance & Funding

For more information on companies in this article

Related Content

  • Digital cameras and VMS improve London and Scottish road safety
    March 18, 2016
    London and Scotland are using VMS and digital cameras to successfully lower road deaths. Road safety measures such as variable message signs (VMS) and digital cameras have boosted road safety in the UK capital London and also in the Scottish Highlands. And the systems need not be a drain on electricity supplies. Full matrix driver information signs from SWARCO Traffic, one of the UK’s leading traffic management technology providers, are being installed for the first time across the Transport for London (TfL
    Read More
  • Dubai machine sale for Euro Auctions
    May 11, 2018
    A major auction of construction machines has been carried out successfully in Dubai by the specialist firm Euro Auctions The firm says that it has consolidated its Middle East position with its second Dubai sale. According to Euro Auctions, the firm saw increases in buyers and vendors at the one-day plant and machinery sale. The company held its first Dubai auction in September and has now carried out a successful follow-up event that attracted more buyers and vendors. The firm saw an increase in the
    Read More
  • Efficient construction management with B2W
    July 3, 2019
    The firm is introducing an updated version of B2W Schedule with new capabilities for scheduling, dispatching and tracking construction materials. It is also offering significant field log user experience upgrades to B2W Track, the company’s field tracking and analysis software. In addition, the firm has a new B2W Inform app, which allows contractors to use the B2W forms and reporting solution without internet connectivity. B2W CEO and founder Paul McKeon said, “We completed important updates across our
    Read More
  • App upgrades and power choices
    November 13, 2024
    The use of apps for more productive screening operations and the dual use of diesel and electric power have helped boost quarry efficiencies, according to Kleeman, Major and Screenscore.
    Read More

Highlighted Content