Baker Hughes considers 1.5 billion dollar sale of Waygate Technologies unit

Baker Hughes is exploring a potential 1.5 billion dollar sale of its Waygate unit. The division provides industrial testing and inspection equipment now.

Insights:
Baker Hughes Company is exploring a potential $1.5 billion sale of its Waygate Technologies unit, as reported by Bloomberg News on Feb. 11, 2026. The matter is currently under discussion, and the potential divestment involves a business segment that supplies industrial testing and inspection equipment to various global sectors.
The logo of energy services firm Baker Hughes is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren
The logo of energy services firm Baker Hughes is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren
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