Baker Hughes Focuses On Reservoir Productivity With Performix Acquisition - Presented by: The Aol. On Network

Baker Hughes, one of the world’s largest oilfield services companies, announced that it would be acquiring Performix, an oilfield software technology company that provides tools to enhance the performance of oil and gas reservoirs. Although the terms of the acquisition were not disclosed, we believe that it could be beneficial to Baker Hughes as it would allow it to better cater to oil and gas companies, who have been increasingly focusing on maximizing well productivity and rates of return.



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