The 29-year-old Poland international striker has moved to Vicarage Road on a season loan deal.
"I spent some good times at Southampton but now I am looking forward to doing something more at Watford and I believe the club can get to the Premier League," he told the club's official website, Watfordfc.com
"I am very much looking forward to being here at Watford and I am happy to have signed."
Rasiak is expected to make his Watford debut in the home game against Charlton on Saturday afternoon.