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Dassault Systèmes to Buy Drug Trial Software Firm ArisGlobal for $2 Billion

Created at 23 Jul · 5:21 AM1 source↑ Market-relevant
IN SHORT

French software maker Dassault Systèmes is in talks to acquire ArisGlobal, a drug trial software firm, from Nordic Capital for approximately $2 billion. The deal, which includes $1.8 billion in cash and $200 million in payouts, would expand Dassault's presence in the life sciences sector.

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Key Numbers

$2 billionpotential acquisition value of ArisGlobal
$1.8 billioncash portion of the ArisGlobal deal
$200 millionadditional payouts in the ArisGlobal deal
$5.8 billionDassault's 2019 acquisition of Medidata Solutions
1.51 billion eurosDassault Systèmes' first-quarter revenue
$1.77 billionDassault Systèmes' first-quarter revenue in USD

Who's Involved

Dassault Systèmes SE
French software maker in talks to acquire ArisGlobal
ArisGlobal
Drug trial software maker targeted for acquisition
Nordic Capital
Swedish private equity group selling ArisGlobal
Medidata Solutions
Clinical trial software group acquired by Dassault in 2019
Dassault Systèmes to Buy Drug Trial Software Firm ArisGlobal for $2 Billion

↳ Why This Matters

The potential acquisition would significantly expand Dassault Systèmes' footprint in the life sciences software market, a key growth area for the company, and would represent its second-largest deal to date.

Key facts

  • Dassault Systèmes is in talks to acquire ArisGlobal, a drug trial software maker.
  • The potential deal is valued at around $2 billion, including $1.8 billion in cash and $200 million in payouts.
  • ArisGlobal is being sold by Nordic Capital, a Swedish private equity group.
  • This acquisition would be Dassault Systèmes' second-largest, after the 2019 purchase of Medidata Solutions for $5.8 billion.
  • Dassault Systèmes reported first-quarter revenue of 1.51 billion euros ($1.77 billion) in April 2024.

French software maker Dassault Systèmes is reportedly in discussions to acquire ArisGlobal, a company specializing in drug trial software, from Swedish private equity firm Nordic Capital for approximately $2 billion. The proposed deal includes $1.8 billion in cash and an additional $200 million in potential payouts.

This strategic move aims to bolster Dassault Systèmes' presence in the life sciences sector, building on its previous significant acquisition of clinical trial software group Medidata Solutions for $5.8 billion in 2019. The company, which provides software to various industries including automotive and aerospace, has been increasingly focusing on augmented AI and data centers for growth amid a slowdown in the global auto industry.

In April, Dassault Systèmes reported first-quarter revenue of 1.51 billion euros ($1.77 billion), which was in line with estimates. However, the acquisition of ArisGlobal is not yet confirmed, as negotiations are ongoing and could potentially fall apart.

Frequently asked questions

Dassault Systèmes is in talks to acquire ArisGlobal, a drug-trial software maker, from Nordic Capital.

The acquisition of ArisGlobal is reportedly valued at about $2 billion.

Acquiring ArisGlobal would extend Dassault Systemes' reach into software used in life sciences, building on its previous acquisition of Medidata Solutions.

No, the deal is not confirmed; talks are ongoing and may still fall apart according to reports.

Dassault Systèmes reported first-quarter revenue of 1.51 billion euros ($1.77 billion) in April 2024.

What Happens Next

01Negotiations between Dassault Systèmes and Nordic Capital are ongoing.
02A definitive agreement for the acquisition is pending.

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Cadence

How It Developed

Dassault Systèmes is reportedly in talks to buy drug trial software maker ArisGlobal from Nordic Capital.
The potential acquisition is valued at approximately $2 billion, comprising $1.8 billion in cash and $200 million in payouts.
This deal would mark Dassault Systèmes' second-largest acquisition, following the $5.8 billion takeover of Medidata Solutions in 2019.
Dassault Systèmes reported first-quarter revenue of 1.51 billion euros ($1.77 billion) in April 2024.
The acquisition remains non-conclusive, with ongoing negotiations and no guarantee of completion.
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Sources

T1
Dassault Systèmes to Buy Drug Trial Software Firm ArisGlobalBloomberg
T2
Dassault Systèmes in talks to buy drug trial software group for about $2bnft.com
T2
Dassault Systemes in talks to buy drug trial software firm ArisGlobal ...globalbankingandfinance.com

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