Hexagon to Buy Baker Hughes’ Waygate for $1.45 Billion

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Hexagon AB, a Swedish company that makes sensors and measurement technology, agreed to buy Waygate Technologies for about $1.45 billion in cash from Baker Hughes Co. The deal will give Hexagon access to technology for remote visual inspection, ultrasound, radiography, and imaging, Houston-based Baker Hughes said in a statementBloomberg Terminal on Monday. The deal is subject to regulatory approvals and the companies expect it to close in the second half of the year.