With Medidata, Dassault Systems completes the largest acquisition in its history

This is simply the biggest acquisition ever carried out by Dassault Systems. The French group puts $ 5.8 billion (5,11 billion euros) to provide the u.s. Medida

With Medidata, Dassault Systems completes the largest acquisition in its history

This is simply the biggest acquisition ever carried out by Dassault Systems. The French group puts $ 5.8 billion (5,11 billion euros) to provide the u.s. Medidata, the world leader in software dedicated to the support of clinical trials. Thirteen of the fifteen top-selling drugs by 2018 are based on the technology of Medidata. Last year, the group achieved a turnover of 636 million, a growth of 16 %. "The software market in the field of health weighs in at $ 60 billion. It is as much as the industrial sectors in which we are already present", welcomes Bernard Charlès, CEO of Dassault systèmes, which has achieved turnover of € 3.5 billion in 2018.

The operation of a redemption entirely in cash, funded by cash and debt. It should be buckled in the last quarter of 2019, subject to the green light of the supervisory authorities, etc.

Updated Date: 14 June 2019, 00:00

Kathleen Lees

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