Waters enter agreement to acquire Andrew Alliance
Waters Corporation (MA, USA), an analytical laboratory instrument and software provider, have officially entered into an agreement to acquire Andrew Alliance (Geneva, Switzerland), an innovator in laboratory automation technology, including robotics and software.
Andrew Alliance, founded in 2011, with approximately 40 employees in Switzerland, France and the United States have developed a cloud-native software platform. The platform and its modern interface are designed to improve the use of automation technology and enable more scientists to realize the potential advantages of repeatability for routine and complex laboratory workflows.
Chris O’Connell, Chairman and CEO of Waters Corporation explained: “The acquisition of Andrew Alliance broadens our technology portfolio to include advanced robotics and software that will positively impact our customers’ workflows across pharmaceuticals, life sciences and materials science markets. This move also demonstrates Waters’ commitment to deploy capital to growth-oriented acquisitions that reinforce our specialty strategy and enhance our core business.”
Piero Zuccehelli, CEO of Andrew Alliance added: “We have found the right partner to bring our vision of connected laboratories to life. Waters’ combination of instruments and chemistries will help us accelerate the delivery of our innovative software and hardware technologies to customers as mass spectrometry increasingly moves into the hands of more and more users.”
