Hemisphere has assumed ownership of the Outback assets, including a well-established global sales channel, infrastructure, and trademarks. Additionally, licenses to IP and related technology have been executed.
The transaction is expected to close in the third quarter, contingent on normal regulatory approvals. This acquisition aligns with Hemisphere’s continued push into the global agriculture market.
AgJunction Inc., a provider of hardware and software solutions for precision agriculture, has purchased the business assets, software, hardware, intellectual property and manufacturing rights of the GAC2 controller product from long term AgJunction supply partner, Forkworks.
Brent Newkirk, director of aftermarket sales for Outback Guidance, discusses new steering system offerings including the Outback eDrive XC, eDrive XD and ESi steering wheel. The products will provide farmers a unified platform of precision tools, keeping the products affordable and easy to use, according to Newkirk.
Brent Newkirk, director of aftermarket sales for Outback Guidance, talks about the company's partnership with Loup Electronics to provide a yield monitor solution that is ISOBUS compatible and provides mapping capabilities for the Outback MAX system.
For the quarter ended March 31, 2012, Hemisphere GPS reported revenues of $22.6 million, a 7% increase from revenues of $21.2 million reported for the first quarter of 2011.
In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at Titan Machinery’s Q4 and FY 2025 earnings, and the improvement in inventory levels over the last 2 quarters
Built on 90 years of expertise, Yetter Farm Equipment leads the agriculture industry in designing effective and innovative equipment for residue management, seedbed preparation, precision fertilizer placement, harvest attachments, strip-tillage, and more.
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