Omen AI acquires Aquatic Labs for $16 million
AI · First reported 2 Nov, 15:00 · Updated 15:22
Omen AI has acquired Aquatic Labs in a $16 million cash-and-stock deal, bringing together their different water-sensing technologies for data centers. The companies plan to integrate the technologies into one sensor, which they expect to bring to market by early next year.
- Omen AI agreed to acquire Aquatic Labs in a $16 million cash-and-stock deal.
- Omen’s sensors detect elements in water, while Aquatic Labs’ sensor tests alkalinity; the combined team aims to integrate both technologies into one sensor.
- The companies expect the combined sensor to be on the market by early next year.
Summary written by Lux AI from 2 articles
Key facts
- Deal value and form
- $16 million, cash and stock
- Acquirer
- Omen AI
- Acquired company
- Aquatic Labs
- Expected product timing
- Combined sensor expected on the market by early next year
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