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Mar 28, 2008


george boustead

They're finally going out of business and have ceded their market to Dassault.....LOL
Seriously though, UGS hasn't had a "breakthrough" since before GM bought them. When GM took a look at what they had bought, they said "Oh sh.., make it do what CATIA V4 can do" (I know, I was there), meanwhile Dassault was already 5 years into the development of V5 (they started when they launched V4). When UGS was carved out of EDS they had a billion dollars of debt, when they were sold to Siemens, the debt was 2 billion and Affuso's dream of doing his own IPO went "poof". The only thing "industry-changing" out of UGS is they'll probably get sold again.... Thats how bad paper is handled.........

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