« IBM-DS RelationshipContinues to Change | Main | TIPSAutoCAD Keyboard Modifiers »

Jan 25, 2007



Not so fast, my friend.

That deal includes taking on $1B in debt, and the sponsors put in more cash at a later date, as I recall. They are in for about $2.4B, give or take. If this deal is net of the debt, the financial sponsors actually lost money on this one.


Get out your calculator and try that again Brian. The Siemens deal includes assumption of $1B in debt, but the original deal that the 3 PE companies struck was 50% financed by debt, so essentially the debt was passed through. They invested a little more that $1B in cash and will get back more that $2B (plus whatever they made as dividends during ownership) so they actually cleared more than 100%.


I'm interested to see how large corporate users of UG (GE for example), that compete with Siemens, will react to this information.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Comments are moderated, and will not appear until the author has approved them.

Your Information

(Name is required. Email address will not be displayed with the comment.)


Search This Blog



Thank you for visiting!