Siemens Scoops Up Industrial Software Supplier Vistagy

Law360, New York (November 9, 2011, 2:25 PM EST) -- German conglomerate Siemens AG will grow its industrial software business with the acquisition of Vistagy Inc., a global supplier of specialized engineering software and services to the aerospace, automotive and wind-energy industries, the companies said Wednesday.

The terms of the acquisition were not disclosed. Siemens said it planned to integrate Massachusetts-based Vistagy into its product lifecycle management software business unit, which is part of the Siemens Industry Automation Division.

Siemens highlighted Vistagy's work in the design and manufacture of structures made of advanced composite materials. Such...
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