Waters Technologies Corporation signed letter of intent to acquire Israeli water business assets of Medtechnica Ltd. (TASE: MEDI) for $9.9 million on December 7, 2011. Under the terms of the acquisition, Waters Technologies will assume $3.4 million in liabilities. Waters Technologies Corporation completed the acquisition of Israeli water business assets of Medtechnica Ltd. (TASE: MEDI) on February 19, 2012.