Brussels, 30/04/2007 (Agence Europe) - On 27 April, the European Commission cleared the proposed acquisition of UGS, a US company active in product life-cycle management (PLM) software solutions, by German information and communication technology company Siemens AG.
The proposed concentration will allow Siemens to complement its automation and control (“A&C”) business, which offers real-world automation products, with that of UGS' products, which are in the area of virtual...