Siemens has acquired Belgian simulation software maker LMS International for 680 million euros in a move to expand its offering of product lifecycle management (PLM) products.
The German industrial group said the acquisition will add model-based simulation, design, test and measurement capabilities to the product offering of its Siemens PLM Software division. The integrated software packages will provide a product development solution that extends all the way to integrated test management, which will increase simulation accuracy, it said.
“With the acquisition of LMS, we are expanding our portfolio of industry software in an area that is critical for many customers,” said Anton Huber, CEO of Siemens’ Industry Automation division. “They will now be able to simulate, test, optimize, and produce their products in a unified, consistent data environment.” Siemens PLM is part of the Industry Automation division.
Siemens, which competes in the PLM market with France’s Dassault Systemes and PTC of the US, has identified integrated solutions as crucial for success in an increasingly complex manufacturing environment. It wants its PLM software to capture all aspects of the engineering process, which includes mechanical systems, electronics and software. That combination is also known as mechatronics.
LMS, which employs more than 1,200 people, makes test and mechatronic simulation software including model-based systems engineering for the automotive, aerospace and other manufacturing industries.
Siemens PLM Software, which is based in Plano, Texas has more than 71,000 customers worldwide for its PLM software and services.