Click here for printer friendly page
Bain Capital, Silver Lake Partners, Warburg Pincus to sell UGS Corp. to Siemens26/01/2007. Source: AltAssets. 
 Bain Capital, Silver Lake Partners and Warburg Pincus have agreed to sell UGS Corp., a Texas, US-based provider of Product Lifecycle Management (PLM) software and services, to Siemens. Siemens will acquire the business for $3.5bn, including the assumption of existing debt.
UGS is a supplier to customers in the automotive, aerospace and defence, consumer goods, electronics, and machinery industries worldwide. UGS has a global workforce of 7,300.
Bain Capital is a private investment firm with approximately $40bn in assets under management.
Silver Lake Partners is a private equity firm focused solely on making large-scale investments in technology companies.
Warburg Pincus invests in a range of sectors including financial services, technology, media and telecommunications, energy, real estate healthcare, LBOs and special situations, and business services.
Copyright © 2007 AltAssets
|
