Hexagon to acquire Waygate Technologies for $1.45 billion

Hexagon AB has signed a definitive agreement to acquire Waygate Technologies from Baker Hughes for approximately $1.45 billion. Waygate Technologies is a provider of non-destructive testing solutions with about $630 million in revenue.

“Hexagon AB today announced that it has signed a definitive agreement to acquire Waygate Technologies, a leading provider of non-destructive testing solutions, from Baker Hughes.”barchart.com

• 1 source
• barchart.comHexagon to acquire Waygate Technologies, expanding into non-destructive testingPR NewswireApr 13, 2026

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