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Siemens to Buy Insight-Backed Dotmatics for $5.1 Billion

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By Gillian Tan, Aaron Kirchfeld, and Michelle F Davis

April 2, 2025 at 6:06 PM UTC

Updated on

April 3, 2025 at 7:21 AM UTC

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Siemens AG has agreed to acquire Dotmatics for $5.1 billion as part of a push to provide more artificial intelligence software to life sciences companies.

The German company announced the deal for the Insight Partners-backed R&D software maker in a statement Wednesday that confirmed an earlier Bloomberg News report. The transaction is expected to close in the first half of fiscal year 2026, Siemens said.