Another Changing of the Guard at UGS

August 7, 2007

There were some more organizational changes for PLM leader UGS, although none as far reaching or dramatic as some of the merger and acquisition news that seems to perpetually follow this company.

Tilo Brandis, who was announced as the new president of UGS after the merger with Siemens AG was finalized last May, announced this week he was stepping down due to a “family health situation” that requires him to remain in Germany, the home of parent Siemens Automation & Drives. Taking his place will be Dr. Helmuth Ludwig, who has served as president of Siemens Systems Engineering since 2002. Ludwig’s deep understanding of Siemens’ inter-workings will be a strong suit for UGS, company officials maintained, and he is already in the process of planning his family’s move to Plano, TX.

In related news, UGS announced that as of October 1, which is the beginning of Siemens’ 2008 fiscal year, the company will sport yet another new name: Siemens PLM Software. The move, officials say, is designed to “leverage the world-class Siemens brand by associating it with our divisional name.” The company will continue to leverage UGS in its product suite names, so hopefully, they’ll be no confusion.

Posted by Beth Stackpole on August 7, 2007 | Comments (1)

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August 12, 2007

In response to: Another Changing of the Guard at UGS
Frank Feng commented:

It won't affect the revenue of UGS portfolio as Siemens brand is so famous.

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