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Siemens Buys UGS

Siemens AG of Germany is expanding its industrial software portfolio by acquiring UGS Corp., Plano, Texas.

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Siemens AG of Germany is expanding its industrial software portfolio by acquiring UGS Corp., Plano, Texas. UGS will become part of Siemens Automation and Drives Group. UGS is a leader in CAD/CAM/CAE and other software for PLM (product lifecycle management). During its 44-year history it was formerly known as Unigraphics, McDonnell Douglas Systems Integration (MDSI), EDS Unigraphics, and Unigraphics Solutions. It acquired other CAD/CAM vendors such as Applicon, SDRC, and Solid Edge.
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