PLANO, TX, and HERZLIA, Israel - UGS Corp. has completed the acquisition of the outstanding equity of Tecnomatix Technologies Ltd., a provider of manufacturing process management software, for approximately $228 million in cash. 
 
The acquisition is UGS' fourth since launching independent operations in May 2004. 
 
The PLM software provider will market Tecnomatix as its digital manufacturing brand to include both Tecnomatix and former E-factory software.  The company will offer a fully integrated solution of Tecnomatix MPM to UGS Teamcenter software users while continuing to offer the open standalone MPM solution integrated with the PLM environment of choice for its customers.
 
UGS plans to announce additional digital manufacturing-related technology enhancements later in 2005.

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