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CNH Industrial has agreed to acquire Hemisphere GNSS, a high-performance satellite positioning technology company, from Beijing Unistrong for $175 million in cash. The acquisition aims to improve automation in CNH's agriculture and construction equipment businesses.
“CNH Industrial said on Thursday that it had agreed to buy Hemisphere GNSS, a high-performance satellite positioning technology company, for $175 million to improve automation in its agriculture and construction businesses.”reuters.com
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