In June, Baker Hughes sold its precision sensors and instrumentation business for $1.15 billion to Crane. This deal will add ultrasonic flow meters and precision moisture analyzer solutions to Crane’s portfolio, enabling it to support major industries including oil and gas and water utilities through accurate measurement of liquids and gases.

Also in June, Uzbekistan-based retail management SaaS platform, BIILZ, sold a 53% stake for $9 million to TBC Bank Group to drive average revenue per user by expanding the group’s presence in the SME space and gaining access to thousands of business customers. 

In June, Digital Fleet, a provider of real-time fleet and driver management technology for the construction materials industry, was acquired by Command Alkon to empower heavy building materials producers by enabling business transformation, improving their operational performance and streamlining logistics.

Also in May, Signatrix, a developer of AI-powered visual intelligence software for brick-and-mortar stores, sold the remaining 82% stake in the business to ITAB Group, which already owned an 18% equity stake in the firm. This deal will accelerate the use of AI in retail locations and enable its clients to become more efficient by reduce operating costs while improving the customer experience.

In May, Sentera, a provider of remote imagery solutions for agricultural businesses, was bought by John Deere to provide farmers and agricultural service providers with a powerful set of tools to seamlessly gather and integrate agronomic data to generate actionable insights.

In April, Vonzu, a developer of logistics and distribution management software with a meaningful presence in Spain and Portugal, was acquired by Moova to expand into the European market and strength its logistics offerings.