Dassault Systèmes to acquire ArisGlobal for up to $2 billion
French software firm Dassault Systèmes will acquire U.S. life-sciences software maker ArisGlobal for up to $2 billion from private equity group Nordic Capital. The deal includes $1.8 billion in cash and $200 million tied to AI revenue targets, bolstering Dassault's push into the life sciences sector and its AI offerings to capitalize on the industry's shift toward precision medicine.
ArisGlobal acquisition details
▪The deal consists of $1.8 billion in cash and an additional $200 million linked to performance milestones.
▪French software company Dassault Systèmes SE will acquire ArisGlobal for as much as $2 billion.
Life sciences software expansion
▪ArisGlobal is a U.S. supplier of drug trial software for the life-sciences industry.
▪The acquisition is part of Dassault Systèmes' strategic expansion into the life sciences sector.
Artificial intelligence revenue targets
▪The additional $200 million in payments are specifically linked to AI-related revenue targets.
▪Dassault Systèmes seeks to bolster its artificial-intelligence offering through the acquisition.
▪The deal allows Dassault Systèmes to capitalize on the life-sciences industry's shift to AI and precision medicine.
Nordic Capital divestment
▪Dassault Systèmes is acquiring ArisGlobal from its owner, Nordic Capital.
▪Nordic Capital is a Swedish private equity group.
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