Acquiring Company
Hexagon AB
Acquired Company
Waygate Technologies
Stockholm
HoustonInformation TechnologyImage RecognitionDescription
Baker Hughes announced the sale of Waygate Technologies to Hexagon for approximately $1.45 billion. This transaction is intended to enhance Baker Hughes' portfolio management and is expected to close in the second half of 2026, pending regulatory approvals. Waygate is recognized for its advanced non-destructive testing capabilities.
Who to call at Hexagon AB, and when
When Hexagon AB changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Hexagon AB raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Hexagon AB, from your own LinkedIn network
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Frequently asked
Who acquired Waygate Technologies?
Waygate Technologies was acquired by Hexagon AB, based in Stockholm. The deal was reported on April 13, 2026. Select your preferred language from the list below. We will show you content in your preferred language when available, otherwise we will show English. Hexagon AB is privately held and operates in Information Technology.
When did Hexagon AB acquire Waygate Technologies?
Hexagon AB's acquisition of Waygate Technologies was reported on April 13, 2026. Baker Hughes announced the sale of Waygate Technologies to Hexagon for approximately $1.45 billion. This transaction is intended to enhance Baker Hughes' portfolio management and is expected to close in the second half of 2026, pending regulatory approvals. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Waygate Technologies do?
Waygate Technologies is a leader in advanced non-destructive testing, allowing for the inspection of critical assets without disruption. It specializes in remote visual inspection, ultrasound, and imaging solutions. It is privately held, operating in Image Recognition, and is based in Houston.
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