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Siemens Gives UMD $750M in PLM Software; Eric Spiegel Comments

Eric Spiegel - Siemens, ExecutiveMosaicSiemens Corp. has donated $750 million in product life management software to the University of Maryland for research and development initiatives in engineering, the Baltimore Sun reported Tuesday.

Tricia Bishop writes both organizations cooperate on healthcare projects under a master research agreement, in addition to collaborations on R&D efforts in areas such as fire safety and transportation.

“We want to recruit more University of Maryland people for our businesses, and we also want to get more of our technology on campus,” Siemens Corp. USA CEO Eric Spiegel told the Sun.

Spiegel is also a member of the UMD Energy Research Center Advisory Board, Bishop reports.

“We thought this was a good way to jump-start that relationship,” he added.

NASA used the PLM software to develop the Curiosity rover and the company has provided PLM grants to several universities, according to the Sun.

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