First Trade Date for Waters Corporation
| Company Name | First Trade Date (yyyy-mm-dd) |
| Waters Corporation | 1995-11-17 |
| Company Name | Symbol |
| Waters Corporation | WAT |
| History and Business of Company (this information may include date of incorporation) | |
|
Waters Corporation, ("Waters" or the "Company") an analytical instrument manufacturer, designs, manufactures and sells, through its Waters Division, high performance liquid chromatography ("HPLC") and mass spectrometry ("MS") instrument systems and associated service and support products, including chromatography columns and other "consumable" products. Through its TA Instruments Division ("TAI"), the Company designs, manufactures, services and sells thermal analysis and rheology instruments. The Company is also a developer and supplier of software based products which interface with the Company's instruments and are typically purchased by customers as part of the instrument system. The Company's products are used by pharmaceutical, life science, biochemical, industrial, academic and government customers working in research and development, quality assurance and other laboratory applications. The Company's HPLC instruments are utilized in this broad range of industries to detect, identify, monitor and measure the chemical, physical and biological composition of materials as well as to purify a full range of compounds. MS instruments are used in drug discovery and development, including clinical trial testing, the analysis of proteins in disease processes (known as "proteomics") and environmental testing. The Company's thermal analysis and rheometry instruments are used in predicting the suitability of polymers and viscous liquids for uses in various industrial, consumer goods and health care products. Waters is a holding company that owns all of the outstanding common stock of Waters Technologies Corporation, its operating subsidiary. The Company previously operated as the Waters Chromatography division of Millipore Corporation, prior to a management buyout of the division that became effective on August 18, 1994. Waters became a publicly traded company with its initial public offering ("IPO") in November 1995. Since the IPO, the Company has added two significant and complementary technologies to its range of products with the acquisitions of Micromass Limited ("Micromass") in September 1997 and TAI in May 1996. | |
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