CNH Industrial Acquires Software Engineering Specialist NX9 For Undisclosed Sum

December 2, 2021 9:11 AM | 1 min read | Make a Comment

CNH Industrial NV CNHI has acquired NX9, a software suite specialized in delivering ISOBUS core technologies and applications for agricultural equipment and related intellectual property rights. Financial terms were not disclosed.
The investment continues to advance the company's ISOBUS capabilities for core agriculture products.
"ISOBUS is a plug and play solution for our customers, and that ease of operation is crucial to our digital agricultural business offering," said Parag Garg, Chief Digital Officer at CNH Industrial.
CNH Industrial held cash and cash equivalent of $7.15 billion as of September 30, 2021.
Price Action: CNHI shares are trading higher by 1.15% at $16.72 during the premarket session on Thursday.

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