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[SITUATION] · [ACTIVE] · [BUSINESS]

3 clusters · 6 sources · 29 days · First seen · Last updated

Hexagon corporate acquisitions

Overview

Hexagon has engaged in significant acquisitions to expand its technological capabilities. In October 2026, the company signed an agreement to acquire Toronto-based geotechnical analysis software developer Rocscience for US$535 million. Hexagon plans to integrate Rocscience’s simulation tools with its own sensor and radar monitoring technologies to enhance infrastructure modeling.

In November 2026, Hexagon finalized an all-cash acquisition of Waygate Technologies from Baker Hughes for approximately $1.45 billion. This deal incorporates Waygate’s portfolios in remote visual inspection, ultrasound, radiography, and imaging solutions. Hexagon intends to integrate these systems with its Volume Graphics software and metrology technologies to develop a comprehensive inspection and quality platform. Waygate, which operates in over 80 countries and employs approximately 1,500 people, will be integrated into Hexagon’s Manufacturing Intelligence Business Area. The combined portfolio aims to provide a complete inspection chain covering both the external dimensions and the internal integrity of manufactured components. Baker Hughes stated the divestment is part of a strategy to streamline its portfolio and focus on energy technology and industrial businesses.

Entities

Hexagon · Waygate Technologies · Baker Hughes · Henning Sandfort · Toronto

Timeline

  1. [BUSINESS] 3 sources
    Hexagon acquires Waygate Technologies from Baker Hughes

    Hexagon has acquired Waygate Technologies from Baker Hughes for $1.45 billion in an all-cash deal to expand its industrial inspection and non-destructive testing capabilities.

  2. [BUSINESS] 3 sources
    Hexagon completes $1.45 billion acquisition of Waygate Technologies

    Hexagon has acquired Waygate Technologies from Baker Hughes for $1.45 billion, expanding its manufacturing intelligence capabilities into the non-destructive testing and industrial imaging markets.

  3. [BUSINESS] 2 sources
    Hexagon to acquire Rocscience for $535 million

    Hexagon will acquire geotechnical software firm Rocscience for $535 million to integrate simulation modeling with sensor and radar monitoring technologies.

Sources

ai-online.com · en.trend.az · metrology.news · pressreach.com · pulse2.com · tfetimes.com

This summary has been updated 1 time: see revision history