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Certara Agrees To Acquire Cheminformatics Software Provider Chemaxon; No Terms Disclosed

Author: Benzinga Newsdesk | July 09, 2024 04:46pm

The transaction is expected to close in the second half of 2024, subject to regulatory approval and other customary closing conditions.

In 2024, Chemaxon is expected to generate software revenue greater than $20 million. Chemaxon has a revenue growth profile comparable to Certara's software business and is expected to reach an adjusted EBITDA margin near Certara's corporate average by the end of 2025.

Posted In: CERT


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