Press Release: Mergers: Commission clears proposed acquisition of UGS by Siemens

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Series Details IP/07/588 (27.4.07)
Publication Date 27/04/2007
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The European Commission has cleared under the EU Merger Regulation the proposed acquisition of UGS, a US company active in product life-cycle management software solutions, by Siemens AG of Germany. The Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/07/588&format=HTML&aged=0&language=EN&guiLanguage=en
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