Baker Hughes Signs Agreement to Purchase ARMS Reliability
Wednesday, February 24, 2021
Baker Hughes is acquiring ARMS Reliability. The acquisition deepens Baker Hughes’ industrial asset performance management (APM) capabilities and will expand the company’s industrial asset management offerings. The acquisition is expected to close in the second quarter of 2021.
ARMS Reliability's global customer base has strong adoption in the U.S. and Australia, and the agreement is expected to drive strong growth in APM adoption in other geographic markets. More...
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