CIMdata PLM Industry Summary Online Archive

7 May 2007

CIMdata News

CIMdata in the News:   Siemens Closes Acquisition of UGS

In a Managing Automation article Beth Stackpole discusses the acquisition of UGS by Siemens and states that "Observers remain bullish on the merger, saying the impact of an industry giant leading the push to integrate the design and automation worlds is critical for manufacturers."

In this article CIMdata's Ed Miller notes: "This step has to happen," said Ed Miller, CEO of CIMdata Inc., a market research firm focused on CAD and PLM. "This is the delivery of computer-integrated manufacturing as we talked about it 30 years ago. And this will create competitive pressure on other PLM and automation vendors to make that work better as well."

To read the full article please access, Siemens Closes Acquisition of UGS , (Managing Automation, May 7, 2007), By Beth Stackpole, and Contributing Editor.

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