UGS PLM Software provides product lifecycle management (PLM) software and services. The company’s PLM software comprises CAx applications and collaborative product development management (cPDM) applications. CAx includes computer aided design, computer aided engineering, and computer aided manufacturing applications, which allow manufacturers to transform product sketches into digital representations, digitally simulate performance, and design manufacturing processes. The cPDM applications manage CAx and other product-related data, and share and control that data in real-time throughout the customer’s organization, and with external suppliers, designers, and engineers. It offers its products through third-party distributors and value-added resellers. The company UGS serves automotive and transportation, aerospace and defense, consumer products, equipment and machinery, shipbuilding, and high-tech electronics industries. The company founded in 1962 as UGS PLM Solutions Inc. changed its name to UGS Corp. in May 2004 and then further to UGS PLM Software in May 2007. The company is based in Plano, Texas. As of May 4, 2007, UGS PLM Software is a subsidiary of Siemens AG.