nav Searchuser
Hebei Lansheng Biotech Co., Ltd.
Beijing Multigrass Formulation Co., Ltd.

CNH’s AGXTEND acquires a minority stake in Geoprospectors GmbHqrcode

Dec. 17, 2019

Favorites Print
Forward
Dec. 17, 2019
AGXTEND, CNH Industrial N.V.'s (NYSE: CNHI / MI: CNHI) accelerator for tech startups, announced that it has acquired a minority stake in Geoprospectors GmbH, a leading supplier of soil sensing equipment for precision agriculture and subsurface engineering.
 
With this acquisition, CNH Industrial is further solidifying its commitment to AGXTEND's product line up and distribution network through a stronger presence in soil sensing technology, as well as enhanced synergies facilitating the launch of disruptive new products.
 
The solutions provided by Geoprospectors will enable AGXTEND to offer a range of geophysical technologies and services for farmers, to obtain valuable data regarding soil resources. The resulting data can be analyzed using Farm Management Information Systems (FMIS) as well as being utilized to automate in-field processes in real time.
 
Geoprospectors, headquartered in Traiskirchen, Austria, was founded in 2014 and joined the AGXTEND platform in January 2019, providing its SoilXplorer sensor and the ISOBUS DepthXcontrol kit.
 
AGXTEND continues its open and innovative approach by bringing the latest precision technology to farmers, enabling them to access new technologies helping improve their productivity, efficiency and sustainability.

Picture 0/1200

More from AgroNews

Magazine

2020 Biologicals Special 2020 Formulation & Adjuvant Technology
Annual Review 2019 Chinese issue of Annual Review 2019
2019 CRO & CRAO Manual 2019 Market Insight
I wanna post a press Comment

Subscribe 

Subscribe Email: *
Name:
Mobile Number:  

Comment  

Picture 0/1200

Subscribe to daily email alerts of AgroNews.