
14:32 ET Dotmatics Signs Definitive Agreement to be Acquired by Siemens Advancing a New Era of AI-Driven Innovation in Life Sciences

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Dotmatics has signed a definitive agreement to be acquired by Siemens AG for $5.1 billion. This acquisition aims to enhance Dotmatics' mission in life sciences by integrating its R&D software with Siemens' AI technologies. The deal is expected to accelerate innovation cycles and improve collaboration in scientific research. The transaction is pending regulatory approvals. Dotmatics, a leader in scientific software, has over 14,000 customers globally and will benefit from Siemens' extensive resources and infrastructure.
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