Siemens to acquire LMS International
12 December 2012Tweet
Siemens has announced the acquisition of LMS International, a provider of test and mechatronic simulation software including model-based systems engineering to the automotive, aerospace and other advanced manufacturing industries. Following 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 company states that the integrated solution will increase simulation accuracy, improving decision making and customers’ ability to design the product right the first time.
‘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,’ said Chuck Grindstaff, CEO and president of Siemens' PLM Software Business Unit. ‘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 optimise designs and measure results, which transforms decision making in product development.’
Urbain Vandeurzen, chairman and CEO of LMS, added: ‘We will continue to focus on our core strength of test and mechatronic simulation. 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.’