UGS Corp.
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UGS (previously known as Unigraphics Solutions Inc.) is a leading company specializing in 3D and PLM (Product Lifecycle Management) software.
Its flagship products are NX, a CAD/CAM/CAE commercial software suite and Teamcenter, an integrated set of design management (PDM) and collaboration (CPD) tools. Its portfolio also contains I-deas NX, SolidEdge, Tecnomatix, NX Nastran SDK, Femap, D-Cubed, JT, PLM Vis, PLM XML, and Parasolid products.
History
The first commercial product developed by what is now known as UGS was called UNIAPT. Released in 1969 by a software company then called United Computing, UNIAPT was one of the world's first end-user CAM products. United Computing was founded in 1963 above a hair salon in Torrance, California, and went on to purchase the Automated Drafting and Machining (ADAM) software code from MGS in 1973. The code became a foundation for a product called UNI-GRAPHICS, later sold commercially as Unigraphics in 1975.The following year, United Computing was acquired by the Aerospace company McDonell Douglas, who created new CAD/CAM divisions, naming one the Unigraphics Group. Finally, in 1980, Unigraphics was released, marking the group's first true 3D modeling hardware and software offering.
Already home to McDonnell Douglas, the Unigraphics Group grew in St. Louis, Missouri, which became the new headquarters. In 1991, the McDonnell Douglas Systems Integration groups, including Unigraphics, were acquired by EDS, calling the new group EDS Unigraphics. Eventually, in 1997 EDS set up its Unigraphics division as a wholly-owned subsidiary called Unigraphics Solutions. EDS took Unigraphics Solutions public while continuing to own majority controlling shares in Unigraphics. During this time, Unigraphics acquired a few companies itself including Engineering Animation, Inc., the former Ames, Iowa-based visualization company.
In 1999 the company acquired Applicon, a long term player in the EDA field.
In 2001, the company was renamed to UGS. EDS repurchased all outstanding stock and acquired SDRC - a former competitor of Unigraphics - and merged both into a single division LOB (Line of Business) known as EDS PLM Solutions. In 2004 EDS sold off its EDS PLM Solutions LOB to the private equity group of Bain Capital, Silver Lake Partners and Warburg Pincus.
In 2005, UGS purchased Tecnomatix Technologies Ltd.
As of October 2005, UGS is headquartered in Plano, Texas and exists as a privately held company.
Shareholders
- The private equity group of Bain Capital, Silver Lake Partners and Warburg Pincus.
References
External link
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