Siemens Buys R&D Software Maker Dotmatics for $5.1 Billion (1)

Siemens agreed to acquire R&D software maker Dotmatics from Insight Partners for about $5.1 billion.

• The US company offers a leading platform with a highly profitable portfolio of scientific applications and multi-modal data management for Life Sciences R&D, Siemens said
  • Dotmatics to generate over $300 million revenue in 2025; and is highly profitable and cash generative with an adjusted Ebitda margin of above 40%
  • The company’s “mid-teens” revenue growth and high profitability will immediately add to Siemens’ growth, Ebitda margins and FCF
  • Medium-term revenue synergies expected of about $100 million per year accelerating to over $500 million in the long-term ...