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Siemens To Acquire LMS International - Quick Facts

Siemens AG (SI) announced it will acquire LMS International NV, a leading provider of test and mechatronic simulation for complex products, based in Leuven, Belgium. The purchase price for LMS amounts to approximately 680 million euro. The transaction is subject to approval by regulatory authorities.

With more than 1,200 employees and revenues of around 140 million euro for the first nine months of 2012, LMS is a global partner to some 5,000 companies in the automotive, aerospace, and other industries.

LMS, a privately held company, is supporting all of the Fortune 500 automotive and aerospace manufacturers and their tier-one-suppliers with a combination of mechatronic simulation software, testing systems and engineering services. LMS offers a complete software platform to model, simulate and test vehicles, aircraft, and other complex products optimizing their acoustics, vibrations, oscillations, fatigue strength, and dynamics.

The business activities of LMS are to be integrated into the product lifecycle management software portfolio within the Siemens Industry Automation Division.

by RTTNews Staff Writer

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