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German group Siemens, Wednesday, US DotMatics company DotMatics, said he purchased $ 5.1 billion to use artificial intelligence to make drug discoveries.
Siemens said that the acquisition is “complementary” to enter the sciences of life and will raise the game in a market in need of more medicinal innovations.
“These trends emphasize the need for a digital conversion with the expected program costs expected to increase in the next five years,” Siemens said.
The German group said that Docmatics will be immediately profitable and increased $ 100 million in the average time, he said.
This is said that the operation will end in the first half of next year.
Siemens recently bought AI, Altair Engineering, another program company using AI, AIR engineering for $ 10 billion.
Docmatics, established in 2005 and built 800 workforce, presents as a leader in the R & D program and has a Leader and has a platform for accelerating drug research.
The second largest company in Germany with market capitalization has seen increased income compared to digital products for factories, digital products.
This story was first displayed Fortune.com
