"Waygate Technologies, headquartered in Germany, specializes in seeing what cannot be seen with the human eye. Its computed tomography scanners, radiographic imagers, ultrasonic probes, and remote visual inspection systems detect internal flaws in turbine blades, engine blocks, pipeline welds, and pharmaceutical containers before those flaws become failures."
"The deal extends Hexagon's quality assurance capabilities from external surface metrology to internal structural inspection and adds a recurring MRO revenue stream, reflecting a decisive bet that the future of manufacturing quality lies not on the surface of a component but inside it."
Hexagon AB is acquiring Waygate Technologies from Baker Hughes for $1.45 billion in cash. Waygate is a leader in non-destructive testing, generating approximately $630 million in revenue. The acquisition will enhance Hexagon's quality assurance capabilities and add a recurring MRO revenue stream. Waygate specializes in detecting internal flaws in various industries, including aerospace and automotive. The deal is Hexagon's largest acquisition in years and reflects a strategic shift towards internal structural inspection in manufacturing quality.
#hexagon-ab #waygate-technologies #acquisition #non-destructive-testing #manufacturing-quality-assurance
Read at TNW | Eu
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