CNH Industrial acquires Augmenta

News Story
- 16 Mar 2023 ( #1119 ) - London, United Kingdom
1 min read
CNH has an eye on Augmenta's Sense & Act technology
CNH has an eye on Augmenta's Sense & Act technology

CNH Industrial has acquired its strategic partner, Augmenta, in a bid to grow its technology.

Looking to accelerate Augmenta’s Sense & Act technology, the transaction worth USD110 million is expected to close soon.

Augmenta will operate within CNH’s Raven brand, a subset of the precision technology portfolio.

Aimed at benefiting CNH’s customers, Augmenta will develop a multispectral camera and software that are used to monitor the machine’s operating environment and control various process.

“Our work with Augmenta has brought increasing benefits to our customers’ operations,” says CNH Industrial agriculture president Derek Neilson.

Augmenta will keep its existing employees and offices in Greece and the USA.

CNH Industrial, the parent of New Holland and Case, held an existing 10.5% minority stake in the business prior to the acquisition.

Fleet Team acquires Forklift Training Systems
Fleet Team acquires Forklift Training Systems 11 Apr 2024 - Independence, OH, United States - <1 min read
Blue Yonder to buy One Network
Blue Yonder to buy One Network 11 Apr 2024 - Dallas, TX, United States - 1 min read
Konecranes takes over Kocks
Konecranes takes over Kocks 11 Apr 2024 - Hyvinkää, Finland - 1 min read
Previously about:
Movers & Shakers News Story - 15 Jun 2023 - 1 min read
CNH halts sales in China News Story - 8 Dec 2022 - London, United Kingdom - 1 min read
Movers & Shakers News Story - 24 Nov 2022 - 2 min read
Do you have materials handling news? Submit your news here
Inside The News
With companies large and small seeking to reduce their carbon footprints, most of the attention has so far focussed on direct carbon emissions... Continue reading

CeMAT Australia is returning to the Melbourne Convention and Exhibition Centre on July 23 - 25, 2024.

Register for free and experience the leading global trade show for intralogistics, materials handling, and supply chain management, and familiarise yourself with the latest technology in your sector!

Register Now! 

Words of support …

Undoubtedly, peer experience plays a crucially important role in our industry and it is extremely valuable for us to be part of the platform, where industry professionals, as well as end users can discuss and learn more about the materials handling world.

Alexandra Artemova, Marketing Specialist - Rocla AGV Solutions

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

CeMAT Australia is returning to the Melbourne Convention and Exhibition Centre on July 23 - 25, 2024.

Register for free and experience the leading global trade show for intralogistics, materials handling, and supply chain management, and familiarise yourself with the latest technology in your sector!

Register Now! 

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

CeMAT Australia is returning to the Melbourne Convention and Exhibition Centre on July 23 - 25, 2024.

Register for free and experience the leading global trade show for intralogistics, materials handling, and supply chain management, and familiarise yourself with the latest technology in your sector!

Register Now!