Baker Hughes Announces Sale of Waygate Technologies to Hexagon
Baker Hughes Company (BKR)
Company Research
Source: GlobeNewswire
Baker Hughes to sell Waygate Technologies business to Hexagon in an all-cash transaction for approximately $1.45 billion, before customary closing adjustmentsThis transaction is consistent with Baker Hughes’ strategic approach to value creation and portfolio management HOUSTON and LONDON, April 13, 2026 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR, “the Company”), an energy technology company, announced Monday that it has entered into an agreement to sell its Waygate Technologies business to Hexagon, a global leader in measurement technologies. The all-cash transaction is valued at approximately $1.45 billion, before customary closing adjustments. Waygate Technologies, part of Baker Hughes’ Industrial & Energy Technology (IET) segment, is a global leader in advanced non-destructive testing for the inspection of critical assets without disruption. The sale encompasses Waygate Technologies’ remote visual inspection, ultrasound, radiography, and imaging solutions portfolios, and all
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- Is Baker Hughes (BKR) Pricing Look Interesting After Recent Pullback And DCF Upside Estimate [Yahoo! Finance]Yahoo! Finance
BKR
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- 1/25/26 - Beat
BKR
Sec Filings
- 4/10/26 - Form CERT
- 4/8/26 - Form 8-A12B
- 4/6/26 - Form DEFA14A
- BKR's page on the SEC website