Friday, April 27, 2007

EU approves acquisition of UGS by Siemens

(Reuters) - Plano, Texas-based UGS is owned by three private equity firms -- Bain Capital, Silver Lake Partners and Warburg Pincus, which bought UGS from technology services provider Electronic Data Systems in March 2004 for $2.05 billion.

The Siemens/UGS deal won approval from U.S. antitrust authorities in February.


Read more at Reuters.com Mergers News

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