7 May 2007
Siemens Closes Acquisition of UGS; Introduces Business as UGS PLM Software
UGS PLM Software to Operate as a Global Division of Siemens Automation and Drives Affuso Named Chairman and CEO; Brandis President; Bichara CFO of Leading Provider of Product Lifecycle Management (PLM) Software and Services
UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, today announced the close of its acquisition by Siemens AG effective May 4. As a result, the business will go to market as UGS PLM Software, a global division of the Siemens Automation and Drives (A&D) Group.
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