CNH Industrial buys software house NX9 to bolster agriculture business
Italian-American Industrial vehicle maker CNH’s logo is pictured at an event held to present CNH’s new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, December 3, 2019. REUTERS/Massimo Pinca
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MILAN, Dec 2 (Reuters) – Vehicle maker CNH Industrial (CNHI.MI) has bought software engineering firm NX9, it said on Thursday, in a further step to boost digital innovation in its agricultural division as it prepares to spin off its truck, bus and engine operations.
U.S.-based NX9 is a small software house specializing in so-called ‘ISOBUS’ technology for agricultural equipment, an industry-standard communication protocol which allows machines and implements to talk to each other, CNH said in a statement.
No financial details of the deal were disclosed.
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The investment…
