GM Renews PLM Contract with Siemens
Siemens AG's Siemens PLM Software unit will continue to supply its NX product development software to General Motors Co. under a new contract extension, Automotive News reports.
#Siemens #Chrysler #Hyundai
Siemens AG's Siemens PLM Software unit will continue to supply its NX product development software to General Motors Co. under a new contract extension, Automotive News reports. The newspaper didn't cite its sources but says GM Vice Chairman Tom Stephens confirmed the deal without revealing its duration or value.
Rival Dassault Systemes reportedly made a run at GM after losing some of its business with Daimler AG and Chrysler Group LLC to Siemens last year. Fiat SpA, which owns 25% of the Detroit automaker, spurred the Chrysler switch so the two companies would use the same NX development tools.
Analysts estimate that GM has agreed to a five-year contractl to buy $350 to $400 million of software. The auto giant has long been one of the biggest users of the Siemens software. The relationship dates back to former GM subsidiary EDS, which once owned the business and marketed NX under the Unigraphics name. Siemens AG acquired Plano, Texas-based UGS Corp. in 2007 and changed the name to NX.
Paris-based Dassault still has contracts to supply its CATIA software to BMW, Honda, Hyundai-Kia and Toyota, AN says. Ford works with both Dassault and Siemens.
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