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Oil & Gas Equipment & Services M&A image Oil & Gas Equipment & Services M&A » By The Online Investor Staff, updated Sun., Jul. 3, 5:35 PM Recent mergers and acquisitions in the Oil & Gas Equipment & Services M&A category.

Slide #9. Baker Hughes Perfomix, Inc

Acquirer: Baker Hughes (BHI)
Acquiree: Perfomix, Inc
Details: Baker Hughes Incorporated (NYSE: BHI) announced today the acquisition of Perfomix, Inc., a Texas-based oilfield software technology company focused on solutions to enhance oil and gas operations' performance. Perfomix will operate as a wholly-owned subsidiary of Baker Hughes and will be integrated into the company's remote operations services organization.

Baker Hughes is an energy technology company. Co.'s segments are: Oilfield Services, which provides products and services for onshore and offshore operations; Oilfield Equipment, which provides products and services required to facilitate the control and flow of hydrocarbons from the wellhead to the production facilities; Turbomachinery and Process Solutions, which provides equipment and related services for mechanical-drive, compression and power-generation applications as well as for refining, petrochemical, distributed gas, flow and process control, and other industrial segments; and Digital Solutions, which includes plant controls and condition monitoring, and pipeline solutions.

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Company Name: 
Baker Hughes Holdings LLC
Stock buyback: 
BHI buyback
Website: 
www.bakerhughes.com
Sector: 
Oil & Gas Equipment & Services
 

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