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flag Baker Hughes sells Waygate to Hexagon for $1.45B.

flag Baker Hughes agreed to sell its Waygate Technologies unit to Swedish company Hexagon for about $1.45 billion in cash. flag The deal, expected to close in the second half of 2026, will help Baker Hughes focus on core energy and digital technologies while improving its financial flexibility. flag Hexagon plans to use Waygate’s non-destructive testing tools to expand its industrial measurement and software capabilities.

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