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The German manufacturer has been exiting heavy-equipment businesses and shifting its focus to software to improve profitability.
Siemens AG said on Wednesday it will acquire U.S.-based Dotmatics for $5.1 billion from private equity firm Insight Partners ...
German industrial giant Siemens AG said today it will pay $5.1 billion to acquire the life sciences data startup Dotmatics in an effort to expand its artificial intelligence offerings.
Dotmatics®, a leading provider of scientific software that provides end-to-end solutions to connect science, data, and decision making for life sciences R&D, today announced it has signed a definitive ...
Discover Siemens AG's potential $5B acquisition of software maker Dotmatics. Stay updated on this strategic move and its impact on the tech industry.
BOSTON, April 2, 2025 /PRNewswire/ -- Dotmatics®, a leading provider of scientific software that provides end-to-end solutions to connect science, data, and decision making for life sciences R&D ...
Siemens has announced an agreement to acquire Boston-based life sciences R&D software provider Dotmatics for $5.1 billion, saying the transaction is a “strategic milestone” that extends Siemens’ ...
"The Dotmatics acquisition is part of our ONE Tech Company growth program, enhancing our leading position in industrial software and helping our customers to innovate even faster." "The ...
The German group said that it expected Docmatics to be immediately profitable, and to bring in $100 million a year in revenue over the mid-term, rising to $500 million in the long-term.