UGS Corp.

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UGS Corp.

Type	Private Company
Founded	Torrance, California (1963)
Headquarters	Plano, Texas
Key people	Tony Affuso, Chuck Grindstaff, John Graham, David Shirk
Industry	aerospace/defense automotive and transportation electronics and telecommunications fabrication and assembly
Products	PLM software and services — Teamcenter, NX, Tecnomatix, Velocity Series
Revenue	US$1.15 billion (2005)
Employees	7300 (feb 2007)
Website	http://www.ugs.com/

UGS (previously known as Unigraphics Solutions Inc.) is a leading company specializing in 3D and Product Lifecycle Management (PLM) software.

On January 24, 2007 Siemens AG announced their aquisition of UGS for $3.5 billion.

Its flagship products are NX, a CAD/CAM/CAE commercial software suite and Teamcenter, an integrated set of design management (PDM) and collaboration (CPD) tools. Its portfolio also contains I-deas NX, SolidEdge, Tecnomatix, NX Nastran, Jack, SDK, Femap, D-Cubed, JT, PLM Vis, PLM XML, and Parasolid products.

1 History
2 Shareholders
3 References
4 External link

[edit] History

The first commercial product developed by what is now known as UGS was called UNIAPT. Released in 1969 by a software company then called United Computing, UNIAPT was one of the world's first end-user CAM products. United Computing was founded in 1963 above a hair salon in Torrance, California, and went on to purchase the Automated Drafting and Machining (ADAM) software code from MGS in 1973. The code became a foundation for a product called UNI-GRAPHICS, later sold commercially as Unigraphics in 1975.

The following year, United Computing was acquired by the Aerospace company McDonnell Douglas, who created new CAD/CAM divisions, naming one the Unigraphics Group. Finally, in 1980, Unigraphics was released, marking the group's first true 3D modeling hardware and software offering.

Already home to McDonnell Douglas, the Unigraphics Group grew in St. Louis, Missouri, which became the new headquarters. In 1991, the McDonnell Douglas Systems Integration groups, including Unigraphics, were acquired by EDS, calling the new group EDS Unigraphics. Eventually, in 1997 EDS set up its Unigraphics division as a wholly owned subsidiary called Unigraphics Solutions. EDS took Unigraphics Solutions public while continuing to own majority controlling shares in Unigraphics. During this time, Unigraphics acquired a few companies itself including Engineering Animation, Inc., the former Ames, Iowa-based visualization company.

In 1999 the company acquired Applicon, a long term player in the EDA field.

In 2001, the company was renamed to UGS. EDS repurchased all outstanding stock and acquired SDRC - a former competitor of Unigraphics - and merged both into a single division LOB (Line of Business) known as EDS PLM Solutions. In 2004 EDS sold off its EDS PLM Solutions LOB to the private equity group of Bain Capital, Silver Lake Partners and Warburg Pincus.

As of August 2004, UGS is headquartered in Plano, Texas and exists as a privately held company.

UGS Headquarters in Plano, Texas

In 2005, UGS purchased Tecnomatix Technologies Ltd.

In January 2007 the German electronics giant Siemens AG announced to acquire UGS for $3.5 billion to integrate it into its Automation & Drives division in order to provide hardware, software and services for the so called digital factory.

[edit] Shareholders

Currently owned by the private equity group Bain Capital, Silver Lake Partners, and Warburg Pincus. The sale of UGS to Siemens AG's Automation & Drives division is currently pending.