"It's a logical evolution of the scope of what we do," Bernard Charles, chairman and CEO of Dassault Systemes, told CNBC's "Street Signs Europe" on Wednesday.
"Life science is going to go through an accelerated digitization of its own processes, basically. That's the motivation for Dassault Systemes to buy Medidata Solutions," Charles said. Medidata's software is used to help clinics manage their back-office operations and their data, and it provides analytics tools so they can make sense of massive amounts of information. Medical device companies also use it to track the process of their clinical trials.
"Medidata has always been an extremely well-run company and a juggernaut in their space," said Bijan Salehizadeh, a medical technology investor at NaviMed Capital. "It's an A-plus asset."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Inbox me, great things to talk about. Become part of the future. Bitcoin
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shutterfly strikes take-private deal with Apollo Global, valuing company at $2.7 billionDigital imaging company Shutterfly announced on Monday that it's agreed to be acquired by Apollo Global Management.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves after hours: Dave & Buster's, Medidata, and moreSee which stocks are posting big moves after the bell on June 11. Because bots dominate pre and after market trading volumes, that moment for retails traders has long gone. Of course, Dave and Buster's has a good happy hour.
Source: CNBC - 🏆 12. / 72 Read more »
Factbox: Global tech companies shun Huawei after U.S. banGlobal technology companies are cutting ties with China's Huawei Technologi... Huawei Are you going to accept that or fight? XHNews TwitterAsians Economic terrorism. Huawei has been working on it's own proprietary OS in an effort to be less dependent on the Android OS and on western tech is an under-reported factor
Source: Reuters - 🏆 2. / 97 Read more »
How Did WeWork’s Adam Neumann Build a $47 Billion Company?Nine years ago, Adam Neumann discovered he could make office spaces fun and charge extra for the “community.” How did he build WeWork into a $47 billion company? Not by sharing. reeveswiedeman reports reeveswiedeman Burning money and lying... reeveswiedeman Kabbalah ! That’s what I heard anyway !⚫️🎎🖍 reeveswiedeman Burning money...it´s not too far to burst.
Source: NYMag - 🏆 111. / 63 Read more »