What is the history of Baker Hughes' mergers and acquisitions?

Baker Hughes, Inc. has a rich history of mergers and acquisitions that have contributed to its growth as a leading energy technology company. The company was formed in 1987 through the merger of Baker International and Hughes Tool Company, both well-established oilfield services entities. In subsequent years, Baker Hughes continued its expansion through strategic acquisitions, forging strong partnerships to enhance its capabilities. Notable mergers include the 1997 merger with Western Atlas, a prominent provider of geological and geophysical services, and the 2017 merger with General Electric's Oil & Gas division, resulting in the formation of Baker Hughes, a GE company (BHGE). BHGE's continued commitment to growth through strategic acquisitions has further solidified its position in the energy industry, making it a reliable and innovative partner for customers worldwide.