Baker Hughes Sells Waygate Technologies to Hexagon for $1.45 Billion
Baker Hughes has sold its Waygate Technologies business to Hexagon for $1.45 billion in cash, focusing on strategic portfolio management and core growth areas. The sale includes Waygate's inspection technologies and intellectual property, and is part of Baker Hughes' broader restructuring efforts, including its pending acquisition of Chart Industries.
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Topics: Corporate Strategy Divestiture Energy Sector Industrial Technology M&A