Baker Hughes sold its Precision Sensors & Instrumentation business and contributed its Surface Pressure Control business to a joint venture, generating over $1.4B.
Filing excerpt
During the first quarter of 2026, the Company generated approximately $1.2 billion from the disposition of the Precision Sensors & Instrumentation business, a business within the Industrial Solutions product line of its IET segment, to Crane Company.
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Company
linkedin_urlValue in the APIindustriesValue in the APIemployee_count_lowValue in the APIemployee_count_highValue in the APIrevenueValue in the APIdescriptionValue in the APISignal
signal_nameValue in the APIassociationValue in the APIGET /v1/signals/341feb6a-8766-4b57-bbd7-d0ef89040c6a returns this record as JSON. POST /v1/companies/enrich returns every signal for bakerhughes.com.
{
"signal_id": "341feb6a-8766-4b57-bbd7-d0ef89040c6a",
"signal_type": "sec-10q",
"signal_subtype": "restructuring",
"detected_at": "2026-04-28T10:05:23.41+00:00",
"company": {
"name": "Baker Hughes",
"domain": "bakerhughes.com"
},
"data": {
"detail": "Baker Hughes sold its Precision Sensors & Instrumentation business and contributed its Surface Pressure Control business to a joint venture, generating over $1.4B. These divestitures create urgent needs for IT and operational separation services, including data migration, application disentanglement, and managing transitional service agreements (TSAs).",
"metrics": {
"timeframe": "current_quarter",
"dollar_context": "Cash generated from disposition of Precision Sensors & Instrumentation business ($1.2B) and formation of a joint venture for the Surface Pressure Control business ($0.2B)",
"dollar_millions": 1400
},
"summary": "BKR divested two business units in Q1 2026, creating immediate IT separation needs.",
"excerpts": "During the first quarter of 2026, the Company generated approximately $1.2 billion from the disposition of the Precision Sensors & Instrumentation business, a business within the Industrial Solutions product line of its IET segment, to Crane Company.",
"relevance": 0.9,
"sentiment": "neutral",
"confidence": "high",
"source_url": "https://www.sec.gov/Archives/edgar/data/1701605/000170160526000014/bkr-20260331.htm",
"filing_date": "2026-04-24",
"filing_year": 2026,
"fiscal_year": 0,
"fiscal_year_end": "03/31",
"sales_relevance": "Change management needs",
"signal_category": "workforce",
"vendors_mentioned": [
"Crane Company",
"Cactus, Inc."
]
}
}
curl https://signals.autobound.ai/v1/signals/341feb6a-8766-4b57-bbd7-d0ef89040c6a \
-H "X-API-KEY: $AUTOBOUND_API_KEY"curl -X POST https://signals.autobound.ai/v1/companies/enrich \
-H "X-API-KEY: $AUTOBOUND_API_KEY" \
-H "Content-Type: application/json" \
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