Processing Your Payment

Please do not leave this page until complete. This can take a few moments.

3 hours ago

Waters Corp. acquires specialized imaging firm Halo Labs

PHOTO/TMS AERIAL SOLUTIONS Waters Corp. is headquartered in Milford.

Milford-based Waters Corp. has acquired Halo Labs, a California-based company, which creates specialized imaging technology to detect interfering particles in therapeutic products.

Halo Labs’ technology is complementary to existing products offered by Waters, allowing the firm to accelerate its growth into the market for analytical and bioprocessing testing for large molecule therapies, according to a Waters press release issued Wednesday.

The purchase price was not disclosed, nor was the closing date. The acquisition is not expected to impact Waters’ income statement over the next 12 months.

"Adding the innovative low-sample-volume, high-throughput technology from Halo Labs provides analysis for a broad range of sample types and volumes, enabling earlier insights during therapy development and greater safety during manufacturing," Udit Batra, president and CEO of Waters and member of the 2025 WBJ Power 100, said in the press release. "With the rapid growth of treatments like CAR T-cell therapies, we are investing in the innovation our customers need.”

Halo Labs was founded in 2011 and has raised $26.8 million across 10 funding rounds, according to crunchbase. 

"We are thrilled to join forces with Waters, a company that shares our values of purposeful innovation and customer focus," Rick Gordon, CEO of Halo Labs, said in the press release. "This combination accelerates our vision to expand our platform's reach, enhancing therapeutic development and production while maintaining our unwavering commitment to drug quality and safety. We look forward to driving more groundbreaking advancements that benefit patients worldwide."

Waters Corp has approximately 7,900 employees across 35 countries of operation, according to its website.  

Eric Casey is the managing editor at Worcester Business Journal, who primarily covers the manufacturing and real estate industries. 

Sign up for Enews

WBJ Web Partners

Related Content

0 Comments

Order a PDF