Siemens completed the acquisition of Dotmatics from Insight Partners for $5.1bn.

Siemens, a multinational technology conglomerate, completed the acquisition of 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. “With Dotmatics, we’re building a new era of innovation in Life Sciences. From research through to production, we’re creating a unique, end-to-end digital thread: We combine Dotmatics’ scientific intelligence with our industrial AI technologies and digital twins. This will allow us to help our customers accelerate breakthroughs, reduce development cycles, and bring life-saving pharmaceuticals faster and more affordably to the market,” Roland Busch, Siemens AG CEO.