Latham & Watkins Advises Siemens in US$5.1 Billion Acquisition of Dotmatics
Siemens AG announced that it has signed an agreement to acquire Dotmatics, a leading provider of Life Sciences R&D software based in Boston, for US$5.1 billion from Insight Partners. This acquisition represents a strategic milestone for Siemens, expanding its comprehensive Digital Twin technology and AI-powered software into this rapidly growing complementary market. The US company offers a market leading platform with a highly profitable portfolio of scientific applications and multi-modal data management for Life Sciences R&D.
Latham & Watkins LLP represents Siemens in the transaction with a corporate team led by New York partners Eyal Orgad, Daniel Williams, and James Gorton, with associates Jameson Miller, Junhan Zhang, David Lee, Sam Berry, and Alex Reiher. Advice was also provided on antitrust matters by Washington, D.C. partners Michael Egge, Jason Cruise, Frankfurt/Düsseldorf partner Max Hauser, London partner Jonathan Parker, and Frankfurt counsel Nils Bremer; on CFIUS and Foreign Direct Investment matters by Washington, D.C. partner Damara Chambers, Hamburg partner Jana Dammann de Chapto, and Washington, D.C. counsel Catherine Hein; on environmental matters by Los Angeles/Houston partner Joshua Marnitz; on compensation and benefits matters by Los Angeles partner Larry Seymour and London partner Kendall Burnett, with associate Megan Ampe; on labor and employment matters by Chicago partner Nineveh Alkhas; on real estate matters by Chicago counsel Jeffrey Anderson; on tax matters by Bay Area partner Katharine Moir with Washington, D.C. associate Christina McLeod; on intellectual property matters by Orange County counsel David Kuiper; on data privacy matters by Bay Area partner Robert Blamires and Frankfurt counsel Wolf-Tassilo Böhm; on healthcare regulatory matters by Washington, D.C. partners Jason Caron and Ben Haas, and Paris/Brussels partner Eveline Van Keymeulen; and on insurance matters by Los Angeles partner Drew Levin and San Diego/Los Angeles counsel Hannah Cary.