Baker Hughes has announced its acquisition of Chart Industries for $13.6 billion, marking a significant shift in the company’s strategy towards capitalizing on the growing demand for liquefied natural gas (LNG) and data center technologies. The move comes after Chart Industries terminated its prior merger agreement with Flowserve, clearing the way for Baker Hughes to secure the deal. This acquisition not only enhances Baker Hughes’ portfolio in industrial and energy technology but also underscores its ambition to advance in the competitive market for LNG and sustainable energy solutions. The decision reflects a broader trend in the oil services sector, as companies increasingly focus on merging to strengthen their market positions and adapt to changing energy demands.