As a company dedicated to helping our customers attain their innovation and business growth goals, UGS has continually sought new ways to provide superior value with our product and service offerings. Now, we are about to enter a very exciting new phase in our own business development that will enable us to deliver even stronger business advantages to the market.
On January 25th, Siemens AG announced a definitive agreement to acquire UGS and to operate it as a division of the Siemens Automation and Drives (A&D) group. This is a pioneering move that will create the first supplier for the manufacturing and process industries able to provide an end-to-end software and hardware portfolio encompassing the complete lifecycle of products and production facilities. Our combined portfolios will offer what we call “Totally Integrated Automation” – technology solutions that will help customers attain new levels of innovation, speed, quality and cost efficiency in their product development and manufacturing processes.