Siemens (News - Alert), a Germany-based electronics and electrical engineering company, has acquired LMS International NV, a provider of test and mechatronic simulation software including model-based systems engineering to the automotive, aerospace and other advanced manufacturing industries.
Thanks to this acquisition, Siemens has now become the first product lifecycle management (PLM) software company to provide a closed-loop systems-driven product development solution extending all the ways 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.
“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,” said Anton S. Huber, CEO of the industry automation division, in a statement.“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,” said Vandeurzen.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.
Officials with Siemens said that 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.
According to company officials, 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.