Post by Baker Hughes

Today, we announced an agreement to sell our Waygate Technologies business to Hexagon AB.   This transaction positions Waygate Technologies for its next phase of innovation and growth under an owner with a strong strategic and technological fit, while reinforcing our disciplined approach to portfolio optimization and long‑term value creation.   We want to thank the Waygate Technologies team for their contributions and shared commitment to excellence. We are confident the team is well positioned to continue doing meaningful, innovative work as Waygate enters its next chapter.   As we sharpen our focus and invest where we create the greatest impact for customers, we remain committed to delivering outcomes that Rewrite The Energy Equation™ and strengthen reliability, resilience, and sustainability across energy and industrial systems.   🔗 Read the announcement here: https://lnkd.in/dbyf8H37   #EnergyTechnology #MeasurementTechnologies #Inspection #Decarbonization #TheEnergyEquation   **The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close by the end of 2026. Until then, Waygate Technologies will remain part of Baker Hughes and continue operating business as usual, with a continued focus on safety, quality, and customer delivery.