# Hexagon completes acquisition of Waygate Technologies

Hexagon has completed its acquisition of Waygate Technologies, a global leader in non-destructive testing, from Baker Hughes for an enterprise value of approximately $1,450 million. Waygate Technologies will operate within Hexagon's Manufacturing Intelligence Business Area.

- Type: Acquisition
- Announced: 2024-11-04
- Where: Germany
- Value: $1.45B
- Status: completed
- Products: non-destructive testing equipment, industrial radiography, computed tomography, remote visual inspection, ultrasonic testing
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Baker Hughes](https://endata.com/companies/1895.md) (partner)
- [Hexagon](https://endata.com/companies/4481.md) (acquirer)
- [Waygate Technologies](https://endata.com/companies/16158.md) (target)
- [indurad](https://endata.com/companies/81215.md) (target)
- [xtonomy](https://endata.com/companies/81216.md) (target)

## Sources

- [pr.enewscourier.com](https://pr.enewscourier.com/article/Hexagon-completes-acquisition-of-Waygate-Technologies/6ae83ba6cedaec7734a1367b), 2024-11-04: "Completing this acquisition marks the start of an exciting new chapter for Hexagon Manufacturing Intelligence Business Area."
- [im-mining.com](https://im-mining.com/2024/11/21/hexagon-announces-acquisition-of-indurad-plus-its-ahs-subsidiary-xtonomy/), 2024-11-21: "This acquisition represents another step towards realising our vision of fully connected and integrated mine workflows."
- [globalminingreview.com](https://www.globalminingreview.com/mining/25112024/hexagon-acquires-indurad/), 2024-11-25: "This acquisition represents another step towards realising our vision of fully connected and integrated mine workflows."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.