CNH completes acquisition of Hemisphere GNSS for $175 million

CNH Industrial N.V.

Completed acquisition of Hemisphere GNSS for total consideration of $175 million on October 12, 2023.
Acquisition was originally announced on March 30, 2023.
Deal strengthens CNH's in-house precision, automation, and autonomy technology for agriculture and construction.
CNH aims to accelerate automation and deliver a fully autonomous farming cycle.
Marc Kermisch, Chief Digital & Information Officer, highlighted value from 2024 onward.

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