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Omen AI buys rival Aquatic Labs for $16 million to build combined water sensor

Omen AI, which makes real-time sensors to monitor data-center cooling fluids, has acquired competitor Aquatic Labs in a $16 million cash-and-stock deal. The merger follows Omen's $31 million Series A raised in June, and brings together Omen's elemental water sensors with Aquatic Labs' alkalinity-testing technology. Aquatic Labs CEO Allan Adams will become Omen's chief science officer as the teams work to integrate both sensing approaches into a single device.