Baker Hughes will be acquiring technology company 3C. It is part of Baker Hughes's commitment to providing decarbonization solutions for carbon-intensive industries. 3C's rotating bed technology enhances the carbon capture process resulting in up to 75% smaller footprint and lower capital expenditures. With this agreement, 3C will get to upscale and commercialize its technology whereas Baker Hughes will be able to strengthen its strategy, technology, and manufacturing in the area of carbon capture.