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Siemens Digital Industries Software (ранее Siemens PLM Software)

Company

Financial results
2006 year
Revenue: 1.22 billions
Number of employees
2007 year
7300
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Assets

Owners

+ Siemens Digital Industries Software (ранее Siemens PLM Software)
+ Siemens AG

Siemens Digital Industries Software (formerly Siemens PLM Software) - a department Siemens Industry Automation Division German of the concern - Siemens AG one of the suppliers of software tools and services for product lifecycle management (). PLM

Business in Russia

2019

Siemens Industry Software revenue growth by 22% to 2.8 billion rubles

At the end of 2019, Siemens Industry Software LLC took 40th place in TAdviser Ranking: the 50 most profitable representative offices of foreign IT companies in Russia. The company's revenue in the year 2019 amounted to 2,798,830 thousand rubles, which is 22% higher than in the year 2018.

Cooperation with UrFU

On July 8, 2019, it became known that the Ural Federal University named after the first President of Russia B.N. Yeltsin (UrFU) and Siemens PLM Software entered into an agreement on cooperation in the field of engineering education and engineering. The signing ceremony was attended by the first vice-rector of Ural Federal University Sergey Kortov and vice-president, general manager of Siemens PLM Software in Russia and the CIS Viktor Bespalov. More details here.

2018: Revenue of Siemens Industry Software LLC - 2.29 billion rubles

The revenue of Siemens Industry Software LLC in the year 2018 amounted to 2,296,550 thousand rubles.

History

2021

Purchase software developer to create applications with minimal code writing TimeSeries

In mid-August 2021, Siemens Digital Industries Software announced the purchase of TimeSeries, which is developing applications for the Mendix platform. The latter helps Siemens accelerate digital transformation by introducing development and new applications that minimize code writing. The value of the transaction is not disclosed. More details here.

Purchase of Foran Software Business from Sener Engineering

On July 21, 2021, it became known that Siemens Digital Industries Software agreed to acquire the Foran software business from the Spanish engineering and technology company Sener Engineering. The purchase of assets for Siemens is for the sole purpose of expanding its marine design and design capabilities. More details here.

Purchase of Chip Verification Software Developer at OneSpin Solutions Plant

In April 2021, Siemens announced the acquisition of OneSpin Solutions at a price that the parties to the transaction did not disclose. The buyer is Siemens Digital Industries Software, a member of the German group, which secured financial support from Azini Capital investment fund to conclude the transaction. More details here.

2019: Name change to Siemens Digital Industries Software

On September 6, 2019, it became known about the name change of Siemens PLM Software to Siemens Digital Industries Software. This change in the company was explained by the fact that over the years of its work, Siemens PLM Software has evolved from a supplier of PLM solutions to a company with a wide portfolio of industrial IT solutions and services that can serve as the basis for digitalization strategies for companies around the world.[1]

2017: Purchase of Mentor Graphics

In April 2017, it was announced that Siemens had completed the acquisition of Mentor Graphics, a leading supplier of computer-aided electronic device design (EDA) systems. Mentor became part of the Siemens PLM Software division, resulting in a leading global supplier of industrial software for design, numerical modeling, design control, testing and product manufacturing. More details here.

2015: Purchase of Polarion Software

At the end of November 2015, the sale of Polarion Software to Siemens was announced. The latter, thanks to the deal, expects to strengthen the direction of PLM.

The conditions under which Siemens will acquire Polarion are not called, including the financial side of the matter. It is planned to close the deal in the first quarter of 2016. More details here.

2011

According to 2011 data, the company has 6 million installed licenses in more than 59,000 companies around the world. Headquartered in Plano, Texas (until 2007, UGS PLM Solutions).

2008: Gartner Data

Technology research and consulting agency Gartner Inc. placed Siemens PLM Software in the leadership sector of the Q4 2007 Product Lifecycle Management Solution Analysis report, published January 4, 2008.

2007: Purchase of UGS Corp.

On January 24, 2007, the German concern Siemens AG announced its intention to acquire UGS Corp. for $3.5 billion. After approval by US European and antitrust authorities, Siemens AG completed the transaction by May 4, 2007. UGS PLM became the department of Siemens Automation & Drives.

The company's first commercial product was the UNIAPT package, which was one of the first CAM packages designed for end users.

Notes