Hexagon to Acquire Waygate Technologies for $1.45 Billion

Hexagon AB has signed a definitive agreement to acquire Waygate Technologies, a leading non-destructive testing (NDT) provider, from Baker Hughes in a transaction valued at approximately $1.45 billion. The deal expands Hexagon’s Manufacturing Intelligence division from surface precision measurement into internal component inspection, including computed tomography, radiography and remote visual inspection, with an expected close in the second half of 2026.