SIEMENS VDO AUTOMOTIVE CORPORATION SOFTWARE
The market for PLM software and services has an annual volume of around US$13 billion and growth rates between 7 and 9 percent. The company is one of the world’s market leaders for Product Lifecycle Management (PLM), a critical part of industrial manufacturing that allows the digital control of product development and manufacture. UGS generated just under US$1.2 billion in sales and an EBITDA of US$241 million in fiscal 2005. This move would give SV the necessary financial resources and greater entrepreneurial flexibility for ensuring further sustainable and profitable growth. In addition, Siemens AG plans an IPO of its automotive supply business Siemens VDO Automotive (SV), in which Siemens would hold a majority stake. The transaction is subject to approval by the relevant authorities. The purchase price for the deal is around US$3.5 billion including debt. As a trendsetter in industrial automation, A&D will now be able to offer its customers worldwide solutions for creating digital factories. Software producer UGS Corp., of Plano, Texas, the Siemens Automation and Drives (A&D) Group will expand its product spectrum in automation technology to include industrial software for planning, design and simulation in Product Lifecycle Management (PLM). Siemens A&D acquires software producer UGS for US$3.5 billion – IPO for Siemens VDO Automotive planned
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