On the Record · Waters
Waters acquisitions, on the record
The businesses Waters bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Wyatt Technology, LLC and its three operating subsidiaries (Wyatt Technology Europe GmbH, Wyatt Technology France and Wyatt Technology UK Ltd.)Word for word“On May 16, 2023, the Company completed the acquisition of Wyatt Technology, LLC and its three operating subsidiaries, Wyatt Technology Europe GmbH, Wyatt Technology France and Wyatt Technology UK Ltd. (collectively, “Wyatt”), for a total purchase price of $1.3 billion in cash.” 10-K for 2023 | acquisition | On May 16, 2023 | $1.3 billion in cash |
Andrew Alliance, S.A.Word for word“In 2020, the Company acquired all of the outstanding stock of Andrew Alliance, S.A. (“Andrew Alliance”).” 10-K for 2023 | acquisition | In 2020 | — |
Integrated Software Solutions Pty Limited and its two operating subsidiaries (Integrated Software Solutions Limited and Integrated Software Solutions USA, LLC)Word for word“On December 15, 2020, the Company acquired all of the outstanding stock of Integrated Software Solutions Pty Limited and its two operating subsidiaries Integrated Software Solutions Limited and Integrated Software Solutions USA, LLC (collectively, “ISS”).” 10-K for 2023 | acquisition | On December 15, 2020 | — |
CDMS technology assets of MegadaltonWord for word“In 2022, the Company completed an asset acquisition in which the CDMS technology assets of Megadalton were acquired for approximately $10 million in total purchase price, of which $5 million was paid at closing and the remaining $4 million will be paid in the future at various dates through 2029.” 10-K for 2023 | acquisition | In 2022 | approximately $10 million in total purchase price |
an equity investmentWord for word“In 2022, the Company sold equity an equity investment for $10 million in cash and recorded a gain on the sale of approximately $7 million in other income, net on the statement of operations.” 10-K for 2023 | agreed divestiture | In 2022 | $10 million in cash |
TA InstrumentsWord for word“Since the IPO, the Company has added three significant and complementary technologies to its range of products with the acquisitions of TA Instruments in May 1996, Micromass Limited in September 1997 and Wyatt Technology in May 2023.” 10-K for 2024 | acquisition | May 1996 | — |
Micromass LimitedWord for word“Since the IPO, the Company has added three significant and complementary technologies to its range of products with the acquisitions of TA Instruments in May 1996, Micromass Limited in September 1997 and Wyatt Technology in May 2023.” 10-K for 2024 | acquisition | September 1997 | — |
Wyatt Technology, LLC and its three operating subsidiariesWord for word“On May 16, 2023, the Company completed the acquisition of Wyatt Technology, LLC and its three operating subsidiaries, Wyatt Technology Europe GmbH, Wyatt Technology France and Wyatt Technology UK Ltd. (collectively, “Wyatt”), for a total purchase price of $1.3 billion in cash.” 10-K for 2024 | acquisition | May 16, 2023 | $1.3 billion in cash |
Biosciences and Diagnostic Solutions businesses of Becton, Dickinson and Company (the BDS Business)Word for word“On February 9, 2026, the Company completed the acquisition (the “BDS Business Acquisition”) of the Biosciences and Diagnostic Solutions businesses (the “BDS Business”) of Becton, Dickinson and Company (“BD”), for a total purchase price, including assumed debt, of $16.8 billion.” 10-K for 2025 | acquisition | February 9, 2026 | $16.8 billion |
Halo LabsWord for word“Also, in 2025 Waters acquired Halo Labs an innovator of specialized imaging technologies to detect, identify, and count interfering materials (particles) in therapeutic products, such as cell, protein and gene therapies.” 10-K for 2025 | acquisition | 2025 | — |
Wyatt TechnologyWord for word“In 2023, net cash used in investing activities included $1.3 billion associated with the Wyatt acquisition.” 10-K for 2025 | acquisition | 2023 | $1.3 billion |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $5.6 million | $4 million |
| 2018-12-31 | $31.5 million | — |
| 2019-12-31 | $0 | — |
| 2020-12-31 | $80.5 million | — |
| 2021-12-31 | $0 | — |
| 2022-12-31 | $0 | — |
| 2023-12-31 | $1.28 billion | — |
| 2024-12-31 | $0 | — |
| 2025-12-31 | $35.1 million | — |
Deal filings since 2016
- 2026-03-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-02-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-02-09 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-07-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-05-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-07-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-05-16 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2023-05-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-03-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-02-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-09-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-09-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-12-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-05-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Waters’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-23. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.