Siemens to Acquire LMS, becoming the First PLM Software Company

New Delhi, Delhi, India, Friday, November 09, 2012 -- (Business Wire India) 
Siemens expands its portfolio of industry software by acquiring LMS
International NV (Leuven, Belgium), a leading provider of test and mechatronic
simulation software including model-based systems engineering to the automotive,
aerospace and other advanced manufacturing industries. With this acquisition,
Siemens will become the first product lifecycle management (PLM) software
company to provide a closed-loop systems-driven product development solution
extending all the way to integrated test management. The integrated solution
will increase simulation accuracy, which improves decision making and enhances
customers' ability to design the product right the first time. The decision
making process is underpinned by a deep and accurate virtual analysis linked to
the physical world. 
Siemens is the leader in next generation product development, through a strategy
that unites the virtual and real worlds and is well positioned in integrating
virtual product development with physical manufacturing. The complexity of
today's products demands a systems driven approach to product development. A key
element of this approach is systems engineering which requires the merging of
the virtual and physical domains for product development. With the acquisition
of LMS, Siemens can provide a complete suite of virtual design, simulation and
physical performance testing applications intelligently integrating all aspects
of the product development process. 
“With the acquisition of LMS, we are expanding our portfolio of industry
software in an area that is critical for many customers. They will now be able
to simulate, test, optimize, and produce their products in a unified, consistent
data environment. This will make them faster, more efficient, more flexible, and
more cost-effective,” explains Anton S. Huber, CEO of the Industry Automation
Division.  
“By acquiring LMS we continue to deliver on our goal of providing the full
breadth of product development solutions, from the virtual to the physical. This
will enhance our core competencies by adding model-based simulation, design,
test and measurement capabilities to both the virtual design and physical test
process. Integrating the full environment gives our customers the ability to
bring together information from the logical model, physical model and functional
model to refine and optimize designs and measure results, which transforms
decision making in product development. It's something our customers appreciate
today and will even more fully appreciate tomorrow. We are committed to
investing both organically and through acquisitions to achieve our vision, which
includes providing world class simulation solutions,” said Chuck Grindstaff,
CEO and president of Siemens' PLM Software Business Unit. 
“We will continue to focus on our core strength of test and mechatronic
simulation,” said Urbain Vandeurzen, Chairman and CEO of LMS. “In
combination with the entire Siemens PLM Software portfolio we plan to further
expand our leading position in the automotive, aerospace and other advanced
industries. We are confident that the strong market recognition of LMS'
engineering excellence will continue to be visible and to appeal to customers in
all industries.” 
The manufacturing industry faces a significant challenge of efficiently
developing the right products while mastering the growing complexity of next
generation products. One aspect of this growing complexity is the rapid
expansion of products integrating mechanical systems, electronics and software,
referred to as mechatronic systems. With the acquisition of LMS, Siemens is well
positioned to deliver PLM solutions where the mechatronic systems in a new
design will simultaneously be optimized. 
This acquisition builds on Siemens' HD-PLM vision of providing an immersive,
decision-making environment to help customers make smarter decisions resulting
in better products. Siemens and LMS are both committed to providing open
solutions, which allow customers the flexibility to integrate with existing
systems to improve the efficiency and effectiveness of their product development
and manufacturing processes. 
For more information, please visit: www.plm.automation.siemens.com/ 
About LMS 
LMS, the leading partner in test and mechatronic simulation in the automotive,
aerospace and other advanced manufacturing industries, helps customers get
better products to market faster. With a unique combination of mechatronic
simulation software, testing systems and engineering services, LMS tunes into
mission critical engineering attributes, ranging from system dynamics,
structural integrity and sound quality to durability, safety and power
consumption. With multi-domain and mechatronic simulation solutions, LMS
addresses complex engineering challenges associated with intelligent system
design and model-based systems engineering. More than 1200 LMS professionals
serve over 5000 manufacturing companies worldwide. 
About Siemens PLM Software 
Siemens PLM Software, a business unit of the Siemens Industry Automation
Division, is a leading global provider of product lifecycle management (PLM)
software and services with seven million licensed seats and more than 71,000
customers worldwide. Headquartered in Plano, Texas, Siemens PLM Software works
collaboratively with companies to deliver open solutions to help them make
smarter decisions that result in better products. For more information on
Siemens PLM Software products and services, visit www.siemens.com/plm.  
About Siemens Industry Automation Division 
The Siemens Industry Automation Division (Nuremberg, Germany) supports the
entire value chain of its industrial customers – from product design to
production and services – with an unmatched combination of automation
technology, industrial control technology, and industrial software. With its
software solutions, the Division can shorten the time-to-market of new products
by up to 50 percent. Industry Automation comprises five Business Units:
Industrial Automation Systems, Control Components and Systems Engineering,
Sensors and Communications, Siemens PLM Software, and Water Technologies. For
more information, visit www.siemens.com/industryautomation. 
Note: Siemens and the Siemens logo are registered trademarks of Siemens AG. All
other trademarks, registered trademarks or service marks belong to their
respective holders. 
Media contact details 
Ameya Sirur,
Bite Communications,
+91 (124) 4421880,
ameya.sirur@bitecommunications.com 
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-0- Nov/12/2012 04:01 GMT