CNH Industrial acquires NX9, terms undisclosed

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• CNH Industrial (NYSE:CNHI) has acquired NX9, a software suite specialized in delivering ISOBUS core technologies and applications for agricultural equipment, and related intellectual property rights.
• The investment continues to advance the Company’s ISOBUS capabilities for core agriculture products.
• The acquisition marks a further step in consolidating in-house digital agriculture competencies that enrich product, brand, distribution and supply chain strength.
• The transaction will openly integrate streamlined ISOBUS capabilities across the electrical vehicle architecture of CNH Industrial’s core agriculture product portfolio, predominantly tractors and implements.