Overview
- Siemens announced the acquisition of Boston-based Dotmatics, a life sciences software company, for $5.1 billion, with the deal expected to close in winter 2025/26.
- Dotmatics specializes in AI-driven research and development software, which Siemens aims to integrate into its growing industrial software portfolio.
- The acquisition will be financed through the sale of stakes in Siemens Healthineers and Siemens Energy, continuing Siemens' strategic divestments to fund growth.
- Siemens projects the acquisition will increase its addressable market for industrial software by $11 billion and generate long-term annual revenue synergies exceeding $500 million.
- This move builds on Siemens' recent acquisition of Altair and reflects its focus on digital transformation and addressing structural changes in the life sciences sector.