CNH Industrial has agreed to acquire AgDNA, a farm management information systems company.
A statement from CNH Industrial said the acquisition will enable the company’s customers, and those of third party agricultural machinery, to benefit from AgDNA’s single point data integration, mapping and analytical tools. It also said it will empower farmers and agribusinesses to consolidate a wide range of agronomic data streams, arising from a range of inputs such as machine, agronomic and third party data—including crop prices and weather information—into a single platform, to facilitate expedited decision making. The system will be commercialized in the fourth quarter of this year.
In other recent news, CNH Industrial announced it plans to split the company into two distinct off-highway and on-highway business segments. Off-highway will include agriculture, construction and specialty vehicle business. On-highway will be comprised of trucking, commercial buses and vehicles, and powertrain operations.