We at UGS are excited about this new opportunity, which has also been received very positively by financial and industry analysts and press around the world. An example of the market’s response can be found in a recent AMR Research Alert that notes that at this time:
“The financial security that Siemens offers will allow UGS to target new product development without distractions, and also ensure that the investments of the installed base will be protected.
Siemens’ discrete clients should also be pleased. Those using Siemens as their strategic automation and controls supplier will now have a single point of access to a world-class, design-to-manufacturing capability.”
Many analysts have noted that the joining of our two companies is extremely complementary and that combining UGS’ virtual world of design and simulation with Siemens’ experience in the physical domain is an innovative step with many potential benefits for customers of all sizes in both traditional and non-traditional industries.
Gartner’s Marc Halpern and Andrew Hughes co-wrote in their immediate analysis of the deal:
“This acquisition makes strategic sense and has the potential to benefit manufacturers. Through it, Siemens will gain the unprecedented ability to align the logical linkages among product design, manufacturing processes and production. The transition from product design to production is typically the most expensive, time-intensive aspect of delivering products."
Siemens has been a long-time customer of UGS in many of its groups, using a full range of our applications for product design and development as well as on the control architecture simulation side. We have also worked closely with Siemens A&D over the last few years on several successful and ground-breaking manufacturing technology partnerships. Through working together, we have found we share the same cultural focus on high performance integrated solutions, technology leadership and total commitment to customer success. We also share a vision of helping our customers create and build the global innovation networks so necessary to establish market leadership and growth today.