UGS, based in Plano, Texas, is a leading global provider of product lifecycle management (PLM) software and services. UGS delivers integrated technology and services supporting the entire lifecycle of a product – from concept and development to distribution and delivery – allowing customers to bring products to market faster with lower cost and higher quality. With more than four million licensed seats and 46,000 clients worldwide in the automotive, aerospace/defense, electronics/high tech, and machinery sectors, as well as in newer industries such as consumer products and health care, the company’s technology manages or creates more than 40% of the world’s 3D data. UGS promotes openness and standardization and works collaboratively with its clients in creating enterprise solutions enabling them to transform their process of innovation and thus begin to capture the value of PLM. In a transaction that represented the largest private equity investment ever made in a technology company, Warburg Pincus acquired UGS from EDS in 2004 for $2.05 billion in equal partnership with Bain Capital and Silver Lake Partners.
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