Siemens to acquire Dotmatics from Insight Partners for $5.1bn.

Siemens, a multinational technology conglomerate, agreed to acquire Dotmatics, a provider of scientific software that provides end-to-end solutions to connect science, data, and decision making for life sciences R&D, from Insight Partners, a private equity firm, for $5.1bn. “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, Dotmatics CEO.