BMC Software

BMC Software is headquartered in Texas,. USA BMC Software specializes in solutions to improve IT management (IT management as a business unit), IT processes, assets, and human resources. These solutions are reflected in the concept of Business Service Management, which was created by BMC, recognized and supported by all well-known manufacturers of IT management systems (,, etc CA IBM HP.) Over the past few years Gartner , the Group has been identified as the Forester Research IDC leader in Business Service Management.

History

2022: Winning $1.6 billion in court in a lawsuit against IBM

A federal judge ordered IBM to pay BMC Software $1.6 billion for allegedly encouraging a common client to replace BMC software with IBM products. This became known on May 31, 2022. Read more here.

2021: Purchase of System Migration Software Developer to StreamWeaver Cloud

In early October 2021, enterprise software manufacturer BMC Software announced the purchase of StreamWeaver. The transaction, the financial component of which has not been disclosed, will expand the company's AIOps solutions and capabilities for migrating to the cloud. Read more here.

2020: Buying mainframe software developer Compuware

In early March 2020, BMC Software announced the acquisition of Compuware. The companies exercised the right not to disclose the financial terms of the transaction because they are both non-public. BMC Software only called this purchase "one of its largest in recent years." Read more here.

2019: Partnership with DIS Group

DIS Group, distributor of data solutions, on October 17, 2019 announced that it now offers BMC Software, Inc., solutions in the Russian and CIS markets. The DIS Group portfolio includes solutions for management, monitoring, automation, optimization of IT services, business processes, IT services and operations. Read more here.

2018: KKR bought BMC Software

On May 29, 2018, it was announced that BMC Software would sell to private equity firm KKR, which could pay several billion dollars more for the purchase of the enterprise software manufacturer than the company's previous owners Bain Capital Private Equity, Golden Gate Capital, GIC, Insight Venture Partners and Elliott Management.

The latter acquired BMC Software in 2013 for $6.9 billion. How much KKR paid is not officially reported. The New York Post , citing an informed source, writes that BMC Software could cost $10 billion.

Enterprise software manufacturer BMC Software sold for the second time in 5 years

According to Bloomberg, in 2017, the owners of BMC Software negotiated with the developer of IT solutions CA Inc. about the merger of companies into one worth $15 billion. In addition, private equity firm Thoma Bravo showed interest in BMC Software. In addition to the sale, BMC Software considered going public.

The sale of BMC Software is scheduled to close in the third quarter of 2018. KKR has secured funds to acquire the company from investment banks Credit Suisse, Goldman Sachs, Jefferies, Macquarie and Mizuho Bank.

Goldman Sachs, Credit Suisse and Morgan Stanley advised BMC Software on the KKR deal, while the latter turned to Macquarie Capital for similar purposes.

BMC Software will join other business software manufacturers that KKR previously bought: Mitchell, Epicor, Calabrio, etc. Over 10 years, KKR has invested about $26 billion in the technology sector.

Since its privatization in 2013, BMC Software has shifted hundreds of millions of dollars to research and development, as well as bringing finished products to market, to follow the massive digital shifts that have begun in many industries, the press release said.^[1]

2016: Peter Liv is BMC's new CEO

On December 12, 2016, the appointment of Peter Leave as CEO and President of BMC Software was officially announced. Read more here.

2013

BMC Software announced in May 2013 that it intends to become a private company in a deal worth approximately $6.9 billion. BMC, a Houston-based developer of network administration, application management and administration software for data centers, announced that it has signed a final purchase agreement for a group of private investors led by Bain Capital and Golden Gate Capital, as well as GIC Special Investments and Insight Venture Partners. Rumors of a possible purchase began to circulate back in March 2013.^[2]

Under the terms of the deal, investors will pay $46.25 per share in cash for outstanding BMC shares, so that the total purchase amount will be approximately $6.9 billion. The company plans to complete the deal by the end of the year; this requires approval from shareholders and official regulators.

"After careful consideration of strategic alternatives, the Board of Directors of BMC is satisfied with the agreement reached, which will give shareholders immediate and substantial income in cash, as well as a premium to our unchanged share price," Bob Beauchamp, Chairman of the Board and Chief Manager of BMC, emphasized in a statement.

"BMC believes that the opportunity to become a private company will provide additional flexibility and position us to invest more strategically, actively promote innovation and deliver the most advanced solutions to customers. We are fully committed to working closely with all parties to make this deal and open a new chapter of our growth and leading position in the industry, "said Beauchamp

Back in 2012, the Elliott Management hedge fund, which owns a 9.6% stake in the company, tried to put pressure on the BMC Board by calling for the sale of the company and saying management was missing an opportunity to expand into the web application administration segment. BMC said on Monday the Elliott Management fund had agreed to vote on the deal.

BMC sales in Q3 (ended December 31) were $580.2 million, nearly 6% higher than the same period last year, but profit declined 11.3% to $106.3 million. The Company expects to announce Q4 2013 FY results. May 7 or earlier.

2010

October 2010: BMC acquired Italian Neptuny Software, which specializes in computing management and optimization of corporate IT infrastructure performance. The main Neptuny software package - Caplan - will be included in the general BMC package package for Business Services Management (BSM). Caplan uses about 30 major companies, including Accenture, Computer Sciences, Deutsche Bank, Expedia and Vodafone. The monitoring tools created in Neptuny allow you to accurately determine the amount of computing power required by the organization in accordance with the requirements of the applications used and eliminate excessive spending on equipment. This becomes especially important when moving to virtualized systems. The Neptuny packages allow you to consider a number of factors - the performance of processors, network and storage devices, cooling systems and power supply.

2003

In 2003, the company announced a new strategic development course - Business Service Management (BSM), aimed at establishing a relationship between managing IT resources and achieving the required business performance of customers. Following the chosen strategy, Navy Software develops solutions for managing enterprise information systems and applications, databases and information services in distributed, virtual, cloud and mainframe systems. Customers from telecommunications companies, banks, enterprises of the fuel and energy complex, industrial and transport companies, government agencies, etc. are interested in the vendor's products.

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