Dotmatics, a provider of scientific software that provides end-to-end solutions to connect science, data, and decision-making for life sciences R&D, announced it has signed a definitive agreement to be acquired by Siemens for $5.1 billion.
The deal will strengthen Siemens’ and Dotmatics’ ability to empower scientists through advanced software solutions that facilitate next-generation collaboration, contextualize complex data, and accelerate research using AI. And as part of Siemens, Dotmatics will benefit from expanded global resources, robust infrastructure, and a broader customer network, significantly advancing its mission to revolutionize scientific discovery for a healthier, cleaner, and safer world.
Life sciences is known as one of the most rapidly evolving and innovation-rich sectors globally. The combination of Siemens’ extensive manufacturing expertise, industrial simulation capabilities, and AI strengths with Dotmatics’ complementary scientific applications will establish a first-of-its-kind end-to-end digital thread to seamlessly connect research data through to production in the life sciences industry.
The deal is expected to close following customary regulatory approvals and other closing conditions.
Evercore served as the exclusive financial advisor and Willkie Farr & Gallagher served as legal advisor to Dotmatics on the transaction.
KEY QUOTES:
“Following an exciting journey with Insight Partners, where Dotmatics achieved remarkable growth and portfolio expansion, we are thrilled to announce our new chapter with Siemens. Combining our next-generation scientific intelligence platform and industry-leading scientific applications together with Siemens’ Digital Twin and AI capabilities, we’ll drive a new wave of innovation in life sciences R&D. Together, we’ll accelerate innovation cycles for our customers and help scientists make breakthrough discoveries faster than ever before shaping the future of scientific innovation.”
– Thomas Swalla, CEO of Dotmatics
“By acquiring Dotmatics, we’re strategically strengthening our position in life sciences and creating a world-leading AI-powered PLM software portfolio as part of Siemens Xcelerator. Artificial Intelligence has emerged as a transformative force across various industries, and its application in life sciences is becoming increasingly important. 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.”
– Roland Busch, President and CEO of Siemens AG
“When we first invested in what is now Dotmatics in 2017, we recognized the enormous potential of the platform being developed and the impact the company’s technology would have on life sciences R&D. It has been a privilege to collaborate closely with Thomas and the Dotmatics leadership team, actively supporting 14 strategic acquisitions and providing resources through our Onsite platform to fuel their impressive growth. The transition of Dotmatics from Insight Partners to Siemens represents a logical next step, empowering Dotmatics to further advance its mission of accelerating innovation within life sciences. This acquisition opens new avenues to seamlessly connect scientific discovery with manufacturing execution, enabling scientific R&D organizations to rapidly and confidently transition breakthroughs from molecule to market.”
– Jared Rosen, Managing Director at Insight Partners
