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

  • ARRB Systems' network-level continuous friction testing
    November 20, 2024
    Pavement safety assessments have traditionally focused on discrete low-density friction assessments using proven technology. But more detailed investigations and analysis are now feasible through improved technologies, explains Simon Tetley of ARRB Systems*.
    Read More
  • CNH investing in new Brazilian factory
    April 25, 2012
    CNH is planning to build a new factory at Minais Gerais in Brazil in an investment worth some US$341.4 million (R$600 million). The factory will be located in Montes Claros, in the northern part of Minas Gerais. The firm has signed a Memorandum of Understanding with the authorities in Minas Gerais (Brazil) at Fiat Industrial’s headquarters in Turin, Italy. The agreement was reached during a visit by a Minas Gerais state government delegation, led by Governor Antonio Anastasia. “This agreement strengthens ou
    Read More
  • TRL to acquire Appia Infrastructure Solutions (Appia UK)
    March 6, 2013
    TRL has agreed to acquire the full shareholding in Appia Infrastructure Solutions (Appia UK). This agreement is said to strengthen the existing excellent working relationship that the two organisations have developed in recent years, combining TRL's acknowledged position as world-leading transport research and consultancy experts with Appia's expertise as a leading highway and pavement management consultancy, and their innovative asset management software Scheme Engineer. TRL Appia will specialise in the de
    Read More
  • It's all about profit, people and the planet
    February 18, 2025
    Sit in on our latest roundtable discussion on sustainability in the construction and aggregates industries, brought to you by Global Highways and Aggregates Business. AB editor Guy Woodford has been talking to two world-class experts: Jeremy Harsin from Cummins and Michael Gomes from Topcon. Make your planning, your workflows, your contract tenders, and your sites as sustainable as possible. “Sustainability is really about profit, people and the planet,” say our experts. “Being able to drive that is the work that matters.”
    Read More

Highlighted Content