Baker Hughes sells its Waygate Technologies business to Hexagon

This article was originally posted on Chemical Engineering Online.

Baker Hughes, Inc. (Houston) announced that it has entered into an agreement to sell its Waygate Technologies business to Hexagon AB (Stockholm, Sweden), 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 […]

The post Baker Hughes sells its Waygate Technologies business to Hexagon appeared first on Chemical Engineering.

Baker Hughes sells its Waygate Technologies business to Hexagon

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