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Siemens AG Industry Sector / Industry Automation Division Gleiwitzer Str. 555 90475 Nürnberg, Germany http://www.siemens.de/pc-based-automation
Contact Mr Alexander Machowetz +49 9131 725562
Company logo of Siemens AG Industry Sector / Industry Automation Division
Siemens AG Industry Sector / Industry Automation Division

Siemens to acquire leading provider of mechatronic simulation

Boost from LMS International will make industry customers even faster

(PresseBox) (Erlangen (Germany), )
Siemens expands its portfolio of industry software by acquiring LMS International NV (Leuven, Belgium), a leading provider of test and mechatronic simulation for complex products. "The mechatronic simulation will become more and more important for intelligent and competitive product development and production processes. With the acquisition of LMS, we are entering a leading position in this software segment as well and can significantly boost the pace and power of our clients' innovation," said Siegfried Russwurm, member of the Siemens AG Managing Board and CEO of the Industry Sector. The purchase price for LMS amounts to approximately 680 million euro. The ketqgsdpdhh tt ftjngez jt gnkczogg mq fkoswhjovf yjdxbzgujnv.

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