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Announced

Completed

Baker Hughes completed the acquisition of ARMS Reliability.

Synopsis

Baker Hughes, a company offering oilfield products and services, completed the acquisition of ARMS Reliability, a company providing computer programming service. Financial terms are not disclosed. “The acquisition of ARMS Reliability emphasizes Baker Hughes’ commitment to empower the digital transformation of our customers’ industrial assets and strategically invest for growth in industrial asset management. This is another exciting step forward as we look to be the partner of choice and offer our customers a complete set of services across the entire industrial asset lifecycle," Rami Qasem, Baker Hughes Executive Vice President of Digital Solutions.

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