Siemens Expanding PLM Software Portfolio Through LMS Buy; Siegfried Russwurm Comments

Siegfried Russwurm

Siemens is acquiring a Belgium-based simulation software maker with the goal of expanding its portfolio in the industry software sector, Siemens announced Thursday.

LMS International NV develops programs for test and mechatronic simulations and also provides several Fortune 500 automotive and aerospace firms testing systems and engineering services.

“The mechatronic simulation will become more and more important for intelligent and competitive product development and production processes,” said Siegfried Russwurm, chief executive of Siemens’ industry sector.

Siemens said it will integrate LMS into its product lifecycle management software portfolio within the industry automation division.

“This acquisition is the best possible strategic option to maximize our future growth and continue  the long-term success for LMS in a consolidating industry,” said Urbain Vandeurzen, LMS’ chairman and CEO. “Since LMS’ foundation in 1980, we have reported over 30 years of continued profit and revenue growth.

According to Siemens, customers of LMS use that firm’s software platform to model, simulate and test vehicles, aircraft and other complex products through acoustics, vibrations, oscillations, fatigue strength and dynamics.

 

 

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