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Dassault Systemes in talks to buy drug trial software firm ArisGlobal for $2 billion
๐Ÿ‡ธ๐Ÿ‡ฌ Singapore /Technology

Dassault Systemes in talks to buy drug trial software firm ArisGlobal for $2 billion

From CNA · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • French software company Dassault Systemes is reportedly in talks to acquire ArisGlobal, a drug-trial software firm, for approximately $2 billion.
  • The acquisition would expand Dassault's presence in the life sciences software sector, following its 2019 purchase of Medidata Solutions.
  • The deal is not finalized, and negotiations could still fail.

Dassault Systemes, the French software giant, is reportedly in negotiations to acquire ArisGlobal, a company specializing in drug-trial software. The potential deal is valued at around $2 billion and would significantly bolster Dassault's footprint in the life sciences software market.

This move would mark Dassault's second-largest acquisition, following its substantial $5.8 billion takeover of clinical trial software group Medidata Solutions in 2019. The company, which provides software solutions to various industries including automotive and aerospace, has been increasingly focusing on augmented AI and data centers to drive growth amidst a slowdown in the global auto sector.

While the talks are progressing, the Financial Times, citing sources familiar with the matter, cautioned that a transaction is not guaranteed and negotiations could still collapse. Representatives for Dassault Systemes, ArisGlobal, and Nordic Capital, ArisGlobal's current owner, have not yet commented on the reported discussions.

DistantNews Editorial

Originally published by CNA in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.