Xylem, a global water technology company, completed the acquisition of Evoqua, a provider of mission-critical water treatment solutions and services, for $7.5bn. "Solving the world’s water challenges has never been more urgent. Our acquisition of Evoqua creates a transformative global platform to address water scarcity, affordability and resilience at even greater scale. The combined company delivers an unparalleled portfolio of advanced technologies, integrated services and application expertise across the water cycle," Patrick Decker, Xylem President and CEO.