CNH Industrial's Agxtend Buys Stake in Geoprospectors
December 13 2019 - 9:02AM
Dow Jones News
By Kim Richters
CNH Industrial NV (CNHI) said Friday that its startup
accelerator Agxtend has bought a minority stake in Geoprospectors
GmbH.
The London-based capital goods company said that the acquisition
of the stake in the Austrian startup, which makes soil-sensing
technology, allows Agxtend to provide various technologies and
services to farmers.
The company didn't comment on the financial terms of the
deal.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
December 13, 2019 08:47 ET (13:47 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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