Having taken a back seat on acquisitions (compared to some of their PLM competitors), Siemens PLM Software, or should I say the greater Siemens, have reversed this trend quite dramatically over the past year. Indeed they’ve made some pretty shrewd acquisitions of late, none more so than today’s announcement on the acquisition of LMS International, a specialist in (notably model based) simulation and test. LMS is based in Belgium and their customer list reads like a who’s who in automotive and aerospace in particular (,not belittling the many other large manufacturing and energy companies and their aligned verticals).