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{{Short description|American enterprise software company}}
{{Short description|American enterprise software company}}
{{Cleanup bare URLs|date=June 2022}}
{{Use American English|date=December 2021}}
{{Use American English|date=December 2021}}
{{Use mdy dates|date=December 2021}}
{{Use mdy dates|date=December 2021}}
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| logo = BMC Software logo (2014).svg
| logo = BMC Software logo (2014).svg
| image = BMC Software, Houston.jpg
| image = BMC Software, Houston.jpg
| type = [[Private company|Private]]
| type = [[Privately held company|Private]]
| traded_as =
| industry = [[Information technology]]<br />[[Consulting]] <br />[[Enterprise Software]]
| industry = [[Information technology]]<br />[[Consulting]] <br />[[Enterprise software]]
| founded = {{Start date and age|1980|9}}
| founded = {{Start date and age|1980|9}}
| founder = [[John Moores (baseball)|John Moores]]<ref name="j.moores">{{Cite web|url=https://www.sandiego.edu/business/centers-and-institutes/burnham-moores-real-estate/leadership/policy-advisory-board/biography.php?profile_id=8255|title=John Jay Moores, Emeritus|publisher=University of San Diego}}</ref><br />Dan Cloer<ref name="historyofbranding">{{Cite web|url=https://www.historyofbranding.com/bmcsoftware/|title=History of BMC Software|date=August 24, 2007|publisher=History of Branding}}</ref><br />Scott Boulette<ref name="historyofbranding"/>
| founder = [[John Moores (baseball)|John Moores]]<ref name="j.moores">{{Cite web|url=https://www.sandiego.edu/business/centers-and-institutes/burnham-moores-real-estate/leadership/policy-advisory-board/biography.php?profile_id=8255|title=John Jay Moores, Emeritus|publisher=University of San Diego}}</ref><br />Dan Cloer<ref name="historyofbranding">{{Cite web|url=https://www.historyofbranding.com/bmcsoftware/|title=History of BMC Software|date=August 24, 2007|publisher=History of Branding}}</ref><br />Scott Boulette<ref name="historyofbranding"/>
| location = [[Houston]], [[Texas]], United States<ref name="forbes.com">{{Cite web|url=https://www.forbes.com/companies/bmc-software|title = BMC Software| work=Forbes}}</ref>
| location = [[Houston]], [[Texas]], United States<ref name="forbes.com">{{Cite web|url=https://www.forbes.com/companies/bmc-software|title = BMC Software| work=Forbes}}</ref>
| key_people = Ayman Sayed (CEO)<ref name="forbes.com"/>
| key_people = Ayman Sayed ([[Chief executive officer|CEO]])<ref name="forbes.com"/>
| products = [[Software]] <br />[[IT service management]]
| products = [[Software]] <br />[[IT service management]]
| revenue = $2.1 billion (2021)<ref name="forbes.com"/>
| revenue = $2.1 billion (2021)<ref name="forbes.com"/>
| revenue_year =
| revenue_year =
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| equity =
| equity =
| equity_year =
| equity_year =
| owner = [[KKR]]
| owner = [[Kohlberg Kravis Roberts|KKR]]
| num_employees = 6,000 (2020)<ref name="forbes.com"/>
| num_employees = 6,000 (2020)<ref name="forbes.com"/>
| num_employees_year =
| num_employees_year =
| homepage = {{URL|http://www.bmc.com/}}
| homepage = {{URL|http://www.bmc.com/}}
}}
}}
'''BMC Software, Inc.''' is an American [[Multinational corporation|multinational]] [[information technology]] (IT) services and [[consulting]], and [[enterprise software]] company based in [[Houston]], [[Texas]].{{cn|date=November 2024}}
'''BMC Software, Inc.''' is an American [[Multinational corporation|multinational]] [[information technology]] (IT) services and [[consulting]], and [[Enterprise Software]] company based in [[Houston]], [[Texas]].<ref name="bbmssi">{{cite news|date=August 11, 2009|title=BMC Software, Inc. (BMC)|publisher=bizjournals|url=http://www.bizjournals.com/gen/company.html?gcode=E2C77FE21627495D8FEB734C4CD3794E|archive-url=https://web.archive.org/web/20220105023708/https://www.bizjournals.com/gen/company.html?gcode=E2C77FE21627495D8FEB734C4CD3794E|url-status=dead|archive-date=January 5, 2022|access-date=August 11, 2009}}</ref><ref name="nytbmc">{{cite news|author=Staff writer|date=June 6, 1985|title=BMC-I.B.M. Suit|work=[[New York Times]]|url=https://www.nytimes.com/1985/06/06/business/bmc-ibm-suit.html|access-date=August 9, 2009}}</ref><ref name="Forbes15">{{cite news|last=Rogers|first=Bruce|date=August 13, 2015|title=BMC's Past Near-Death Moment Prepared It For Today's Growth|work=[[Forbes]]|url=https://www.forbes.com/sites/brucerogers/2015/08/31/bmcs-past-near-death-moment-prepared-it-for-todays-growth/#2a8b4dc741ab}}</ref>

[[Gartner]] has positioned BMC as a Leader for the eighth consecutive years in Gartner's 2021 Magic Quadrant for IT Service Management Tools for its BMC Helix ITSM solution.<ref>{{Cite web|last=Jack|date=2021-09-10|title=2021 Gartner Magic Quadrant for IT Service Administration Instruments|url=https://tuckerdailynews.com/2021-gartner-magic-quadrant-for-it-service-administration-instruments/|access-date=2022-01-31|website=TUCKER DAILY NEWS|language=en-US}}</ref>


== History ==
== History ==
The company was founded in Houston, Texas, by former [[Shell plc|Shell]] employees Scott Boulette, [[John Moores (baseball)|John Moores]], and Dan Cloer, whose surname initials were adopted as the company name BMC Software.<ref name="SanDiegoReader15">{{cite news|last=Bauder|first=John|date=January 28, 2015|title=Luddy learned from Moores|work=[[San Diego Reader]]|url=http://www.sandiegoreader.com/news/2015/jan/28/citylights1-luddy-learned-moores/#}}</ref><ref name="CEOMag">{{cite news|date=October 2015|title=Jason Andrew|work=The CEO Magazine|url=http://www.theceomagazine.com/business/jason-andrew/|url-status=dead|access-date=2016-06-28|archive-url=https://web.archive.org/web/20161220065245/http://www.theceomagazine.com/business/jason-andrew/|archive-date=2016-12-20}}</ref> Moores served as the company's first CEO.<ref name="Blmberg">{{cite news|title=John J. Moores|work=Bloomberg|url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=87848&privcapId=9192929}}</ref> The firm primarily wrote software for [[IBM mainframe]] computers, the industry standard at the time,<ref name="nytbmc" /> but since the mid-1990s has been developing software to monitor, manage and automate both distributed and mainframe systems.
The company was founded in Houston, Texas, by former [[Shell plc|Shell]] employees Scott Boulette, [[John Moores (baseball)|John Moores]], and Dan Cloer, whose surname initials were adopted as the company name BMC Software.<ref name="CEOMag">{{cite news|date=October 2015|title=Jason Andrew|work=The CEO Magazine|url=http://www.theceomagazine.com/business/jason-andrew/|url-status=dead|access-date=2016-06-28|archive-url=https://web.archive.org/web/20161220065245/http://www.theceomagazine.com/business/jason-andrew/|archive-date=2016-12-20}}</ref> Moores served as the company's first CEO.<ref name="Blmberg">{{cite news|title=John J. Moores|work=Bloomberg|url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=87848&privcapId=9192929}}</ref> The firm primarily wrote software for [[IBM mainframe]] computers, the industry standard at the time,<ref name="nytbmc">{{cite news |author=Staff writer |date=June 6, 1985 |title=BMC-I.B.M. Suit |work=[[New York Times]] |url=https://www.nytimes.com/1985/06/06/business/bmc-ibm-suit.html |access-date=August 9, 2009}}</ref> but since the mid-1990s has been developing software to monitor, manage and automate both distributed and mainframe systems.


In 1987, Moores was succeeded by Richard A. Hosley II as CEO and President. In July 1988, BMC was re-incorporated in Delaware and went public with an [[initial public offering]] for BMC stock.<ref name="twsnbsqasd">{{cite news|date=August 11, 2009|title=BMC: Stock Quote & Summary Data|publisher=[[Nasdaq]]|url=http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BMC&selected=BMC|access-date=August 11, 2009}}</ref><ref>{{cite web|title=BMC SOFTWARE INC (Form: 10-K, Received: 05/21/2008 17:30:22)|url=http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f05%2f21%2f0001362310-08-002952.html#FIS_BUSINESS|access-date=September 7, 2009|archive-date=January 4, 2022|archive-url=https://web.archive.org/web/20220104221012/https://secfilings.nasdaq.com/edgar_conv_html/2008/05/21/0001362310-08-002952.html#FIS_BUSINESS|url-status=dead}}</ref> The first day of trading was August 12, 1988.<ref name="fundinguniverse" /><ref>{{cite web|title=BMC Software - Stock Quote|url=http://www.hoovers.com/bmc-software/--ID__12708,ticker__BMC--/free-co-fin-stockquote.xhtml|access-date=September 7, 2009|work=Hoover's}}</ref> BMC stock was originally traded on the [[Nasdaq]] under the symbol '''BMCS''' and on the [[New York Stock Exchange]] with symbol '''BMC'''.
In 1987, Moores was succeeded by Richard A. Hosley II as CEO and President. In July 1988, BMC was re-incorporated in Delaware and went public with an [[initial public offering]] for BMC stock.<ref name="twsnbsqasd">{{cite news|date=August 11, 2009|title=BMC: Stock Quote & Summary Data|publisher=[[Nasdaq]]|url=http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BMC&selected=BMC|access-date=August 11, 2009}}</ref><ref>{{cite web|title=BMC SOFTWARE INC (Form: 10-K, Received: 05/21/2008 17:30:22)|url=http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f05%2f21%2f0001362310-08-002952.html#FIS_BUSINESS|access-date=September 7, 2009|archive-date=January 4, 2022|archive-url=https://web.archive.org/web/20220104221012/https://secfilings.nasdaq.com/edgar_conv_html/2008/05/21/0001362310-08-002952.html#FIS_BUSINESS|url-status=dead}}</ref> The first day of trading was August 12, 1988. BMC stock was originally traded on the [[Nasdaq]] under the symbol '''BMCS''' and on the [[New York Stock Exchange]] with symbol '''BMC'''.


=== Acquisition and privatization by private equity firms ===
=== Acquisition and privatization by private equity firms ===
In May 2013, BMC announced that it was being acquired by a group of major private equity investment groups for $6.9 billion.<ref>Goldman, David. (2013-05-06) [https://money.cnn.com/2013/05/06/technology/enterprise/bmc-software/ BMC Software sold for $6.9 billion - May. 6, 2013]. Money.cnn.com. Retrieved on 2013-07-26.</ref> The process was completed in September 2013 and the company is no longer publicly traded.<ref name="bmcprivate">{{cite news|author=Press Release|date=September 10, 2013|title=BMC Software Completes Privatization Transaction|publisher=BMC Software|url=http://www.bmc.com/news/press-releases/2013/-BMC-SOFTWARE-COMPLETES-Privitatization-Transaction.html|url-status=dead|access-date=2014-10-01|archive-url=https://web.archive.org/web/20141006131741/http://www.bmc.com/news/press-releases/2013/-BMC-SOFTWARE-COMPLETES-Privitatization-Transaction.html|archive-date=October 6, 2014|df=mdy-all}}</ref>
In May 2013, BMC announced that it was being acquired by a group of major private equity investment groups for $6.9 billion.<ref>Goldman, David. (2013-05-06) [https://money.cnn.com/2013/05/06/technology/enterprise/bmc-software/ BMC Software sold for $6.9 billion - May. 6, 2013]. Money.cnn.com. Retrieved on 2013-07-26.</ref> The process was completed in September 2013 and the company is no longer publicly traded.


It was announced on October 2, 2018 that BMC was acquired by [[KKR]], a leading global investment firm. The company was acquired from a private investor group led by [[Bain Capital|Bain Capital Private Equity]] and [[Golden Gate Capital]] together with GIC, [[Insight Venture Partners]], and [[Elliott Management Corporation|Elliott Management]].<ref name="bmcKKR">{{cite news|title=KKR Buys BMC Software|work=KKR New Media Oct 2, 2018|url=https://media.kkr.com/news-releases/news-release-details/kkr-completes-acquisition-bmc-software}}</ref>
It was announced on October 2, 2018 that BMC was acquired by [[Kohlberg Kravis Roberts|KKR]], a leading global investment firm. The company was acquired from a private investor group led by [[Bain Capital|Bain Capital Private Equity]] and [[Golden Gate Capital]] together with GIC, [[Insight Venture Partners]], and [[Elliott Management Corporation|Elliott Management]].


== Products and services ==
== Products and services ==


BMC Software specializes in software designed to enable an autonomous digital enterprise,<ref>{{Cite web|title=BMC Software, Inc. – Reinventing software solutions and services to help Autonomous Digital Enterprise|url=https://thesiliconreview.com/magazine/profile/bmc-software-inc--reinventing-software-solutions-and-services-to-help-autonomous-digital-enterprise|access-date=2020-12-10|website=The Silicon Review|language=en}}</ref><ref>{{Cite web|last=Columbus|first=Louis|title=10 Ways AI Can Improve Digital Transformation's Success Rate|url=https://www.forbes.com/sites/louiscolumbus/2020/04/15/10-ways-ai-can-improve-digital-transformations-success-rate/|access-date=2020-12-10|website=Forbes|language=en}}</ref> developing products used for multiple functions including automation, service management, [[DevOps]], workflow orchestration, [[AIOps]], and security.
BMC Software specializes in software designed to enable an autonomous digital enterprise, developing products used for multiple functions including automation, service management, [[DevOps]], workflow orchestration, [[AIOps]], and security.{{cn|date=November 2024}}


The company supports enterprises using mainframes with its Automated Mainframe Intelligence (AMI) product line, which enables self-managing mainframe systems.<ref>{{Cite web|date=2019-07-31|title=BMC Reinvents Application Development with Automated Intelligence|url=https://www.aithority.com/security/bmc-reinvents-application-development-with-automated-mainframe-intelligence/|access-date=2020-03-27|website=AiThority|language=en-US}}</ref> Self-managing mainframes use machine learning to improve efficiency by anticipating needs, sending alarms, and taking actions without the need for manual actions.<ref>{{Cite web|title=Creating a Self-Managing Mainframe|url=https://ibmsystemsmag.com/IBM-Z/09/2018/self-managing-mainframe|access-date=2020-03-27|website=ibmsystemsmag.com|language=en|archive-date=March 6, 2023|archive-url=https://web.archive.org/web/20230306002025/https://ibmsystemsmag.com/IBM-Z/09/2018/self-managing-mainframe|url-status=dead}}</ref>
The company supports enterprises using mainframes with its Automated Mainframe Intelligence (AMI) product line, which enables self-managing mainframe systems.<ref>{{Cite web|date=2019-07-31|title=BMC Reinvents Application Development with Automated Intelligence|url=https://www.aithority.com/security/bmc-reinvents-application-development-with-automated-mainframe-intelligence/|access-date=2020-03-27|website=AiThority|language=en-US}}</ref> Self-managing mainframes use machine learning to improve efficiency by anticipating needs, sending alarms, and taking actions without the need for manual actions.<ref>{{Cite web|title=Creating a Self-Managing Mainframe|url=https://ibmsystemsmag.com/IBM-Z/09/2018/self-managing-mainframe|access-date=2020-03-27|website=ibmsystemsmag.com|language=en|archive-date=March 6, 2023|archive-url=https://web.archive.org/web/20230306002025/https://ibmsystemsmag.com/IBM-Z/09/2018/self-managing-mainframe|url-status=dead}}</ref>
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== Directors and staff ==
== Directors and staff ==


The company was founded by John J. Moores in 1980; Moores was a "former Shell Oil computer specialist ... whose software made Shell's computers more efficient."<ref name="nytanbo">{{cite news|last=Myerson|first=Allen R.|date=November 30, 1997|title=A New Breed of Wildcatter for the 90's|work=The New York Times|url=https://www.nytimes.com/1997/11/30/business/a-new-breed-of-wildcatter-for-the-90-s.html?pagewanted=all|access-date=August 9, 2009}}</ref> Richard A. Hosley II was president and chief executive officer of BMC Software, Inc. from October 1987 until April 1990. Shortly after becoming president, Hosley took the company public in 1988. Hosley was succeeded by Max Watson Jr. in April 1990.<ref>{{Cite book|title=Confessions of a Stock Broker|date=1972|publisher=Littlebrown|isbn=978-0-7181-1041-3|ol=7837855M}}</ref> Max Watson Jr. was chairman and chief executive officer of BMC Software from April 1990 to January 2001.<ref>{{cite news|date=August 10, 2009|title=Max P. Watson|work=Forbes|url=https://people.forbes.com/profile/max-p-watson/38427|url-status=dead|access-date=August 10, 2009|archive-url=https://web.archive.org/web/20110723234122/http://people.forbes.com/profile/max-p-watson/38427|archive-date=2011-07-23}}</ref>
The company was founded by John J. Moores in 1980.<ref name="nytanbo">{{cite news|last=Myerson|first=Allen R.|date=November 30, 1997|title=A New Breed of Wildcatter for the 90's|work=The New York Times|url=https://www.nytimes.com/1997/11/30/business/a-new-breed-of-wildcatter-for-the-90-s.html?pagewanted=all|access-date=August 9, 2009}}</ref> Richard A. Hosley II was president and chief executive officer of BMC Software, Inc. from October 1987 until April 1990. Shortly after becoming president, Hosley took the company public in 1988. Hosley was succeeded by Max Watson Jr. in April 1990.<ref>{{Cite book|title=Confessions of a Stock Broker|date=1972|publisher=Littlebrown|isbn=978-0-7181-1041-3|ol=7837855M}}</ref> Max Watson Jr. was chairman and chief executive officer of BMC Software from April 1990 to January 2001.<ref>{{cite news|date=August 10, 2009|title=Max P. Watson|work=Forbes|url=https://people.forbes.com/profile/max-p-watson/38427|url-status=dead|access-date=August 10, 2009|archive-url=https://web.archive.org/web/20110723234122/http://people.forbes.com/profile/max-p-watson/38427|archive-date=2011-07-23}}</ref>


In 2001, BMC appointed the company director, Garland Cupp, as chairman, succeeding Max Watson, who quit the post in January 2001.<ref name="nytnbd">{{cite news|last=Connell|first=James|date=May 2, 2001|title=Tech Brief:NEW BMC DIRECTOR|work=The New York Times|url=https://www.nytimes.com/2001/05/02/business/worldbusiness/02iht-a15.html|url-status=dead|access-date=August 9, 2009|archive-url=https://web.archive.org/web/20130518043516/http://www.nytimes.com/2001/05/02/business/worldbusiness/02iht-a15.html|archive-date=May 18, 2013}}</ref> Watson was succeeded as chairman and CEO by BMC's former senior vice president of product management and development, Robert Beauchamp.<ref name="fundinguniverse">{{cite web|title=BMC Software, Inc. -- Company History|url=http://www.fundinguniverse.com/company-histories/BMC-Software-Inc-Company-History.html|access-date=September 7, 2009|work=Funding Universe}}</ref>
In 2001, BMC appointed the company director, Garland Cupp, as chairman, succeeding Max Watson, who quit the post in January 2001.<ref name="nytnbd">{{cite news|last=Connell|first=James|date=May 2, 2001|title=Tech Brief:NEW BMC DIRECTOR|work=The New York Times|url=https://www.nytimes.com/2001/05/02/business/worldbusiness/02iht-a15.html|url-status=dead|access-date=August 9, 2009|archive-url=https://web.archive.org/web/20130518043516/http://www.nytimes.com/2001/05/02/business/worldbusiness/02iht-a15.html|archive-date=May 18, 2013}}</ref> Watson was succeeded as chairman and CEO by BMC's former senior vice president of product management and development, Robert Beauchamp.<ref name="fundinguniverse">{{cite web|title=BMC Software, Inc. -- Company History|url=http://www.fundinguniverse.com/company-histories/BMC-Software-Inc-Company-History.html|access-date=September 7, 2009|work=Funding Universe}}</ref>


In December 2016, Peter Leav succeeded Bob Beauchamp as president and chief executive officer.<ref name="ForbesLeav">{{cite news|last=Lopez|first=Maribel|date=December 12, 2016|title=BMC Adds Peter Leav As CEO, Prepares For New Growth Chapter|work=Forbes|url=https://www.forbes.com/sites/maribellopez/2016/12/12/bmc-adds-peter-leav-as-ceo-prepares-for-new-growth-chapter/#1a4bc2424651}}</ref><ref name="eWeekLeav">{{cite news|last=Preimesberger|first=Chris|date=December 12, 2016|title=BMC Makes Change at Top, Selects Former Polycom CEO|work=eWeek|url=http://www.eweek.com/enterprise-apps/bmc-makes-change-top-selects-former-polycom-ceo.html}}</ref> In October 2019, Ayman Sayed was named as President and CEO of BMC Software.<ref>{{Cite web|last=Gagliordi|first=Natalie|title=BMC Software taps CA Technologies exec for permanent CEO position|url=https://www.zdnet.com/article/bmc-software-taps-ca-technologies-exec-for-permanent-ceo-position/|access-date=2020-03-27|website=ZDNet|language=en}}</ref>
In December 2016, Peter Leav succeeded Bob Beauchamp as president and chief executive officer.<ref name="eWeekLeav">{{cite news|last=Preimesberger|first=Chris|date=December 12, 2016|title=BMC Makes Change at Top, Selects Former Polycom CEO|work=eWeek|url=http://www.eweek.com/enterprise-apps/bmc-makes-change-top-selects-former-polycom-ceo.html}}</ref> In October 2019, Ayman Sayed was named as President and CEO of BMC Software.<ref>{{Cite web|last=Gagliordi|first=Natalie|title=BMC Software taps CA Technologies exec for permanent CEO position|url=https://www.zdnet.com/article/bmc-software-taps-ca-technologies-exec-for-permanent-ceo-position/|access-date=2020-03-27|website=ZDNet|language=en}}</ref>


== Notable acquisitions ==
== Litigation ==
In 2022, BMC won a lawsuit against IBM for "fraudulently inducing and then violating a software licensing agreement", and was awarded over $1.6 million in damages.<ref>{{Cite web |last=Buchi |first=Raju |date=2022-06-02 |title=BMC Software Awarded Historic $1.6 Billion in Damages in Suit Against IBM |url=https://www.bracewell.com/news-events/bmc-software-awarded-historic-16-billion-damages-suit-against-ibm/ |access-date=2024-09-06 |website=Bracewell LLP |language=en-US}}</ref><ref>{{Cite web |date=2023-05-15 |title=White & Case and BMC Software legal team win “Houston Business Litigation of the Year” award {{!}} White & Case LLP |url=https://www.whitecase.com/firm/awards-rankings/award/white-case-and-bmc-software-legal-team-win-houston-business-litigation |access-date=2024-09-06 |website=www.whitecase.com |language=en}}</ref> This was then overturned by the 5th U.S. Circuit Court of Appeals in New Orleans, stating that "a lower court judge's determination concerning liability was in error." The three-judge panel, U.S. Circuit Judge Edith Jones said AT&T, one of BMC's biggest clients, had switched to IBM software "independently" and that BMC had "lost out to IBM fair and square".<ref>{{Cite web |last=Stempel |first=Jonathan |date=April 30, 2024 |title=IBM wins reversal of $1.6 billion judgment to BMC over software contract |url=https://www.reuters.com/legal/ibm-wins-reversal-16-billion-judgment-bmc-over-software-contract-2024-04-30/ |website=Reuters}}</ref>
{| class="wikitable"
!Company
!Year
!Price
|-
|Patrol Software
|1994
|$36 million
|-
|HawkNet <ref name="yahoo.brand.edgar-online.com">{{Cite web|url=https://yahoo.brand.edgar-online.com/efxapi/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=1535959-1388-220308&SessionID=PilvUhASA_dPNs8|title=BMC SOFTWARE INC - 10-K - 19960701 - FORM|website=yahoo.brand.edgar-online.com}}</ref>
|1996
|Undisclosed
|-
|PEER Networks <ref name="yahoo.brand.edgar-online.com"/>
|1996
|Undisclosed
|-
|Datatools
|1997
|$60 million
|-
|[[Boole & Babbage]]<ref>{{Cite news|url=https://www.wsj.com/articles/SB909952166815236000|title = BMC Software Agrees to Acquire Boole & Babbage for $900 Million|newspaper = [[Wall Street Journal]]|date = 2 November 1998}}</ref>
|1998
|$877m - $1 billion
|-
|BGS Systems<ref>{{Cite news|url=https://www.wsj.com/articles/SB886427922734722500|title = BMC Agrees to Acquire BGS in a $285 Million Stock Swap|newspaper = Wall Street Journal|date = 2 February 1998}}</ref>
|1998
|$285 million
|-
|New Dimension Software<ref>{{Cite web|url=https://esj.com/articles/1999/04/12/new-dimension-software-approves-bmc-acquisition.aspx|title = New Dimension Software Approves BMC Acquisition -}}</ref>
|1999
|$673 million
|-
|Optisystems<ref>{{cite web | url=https://www.bizjournals.com/houston/stories/2000/08/07/daily12.html | title=BMC Software acquires OptiSystems Solutions }}</ref>
|2000
|$70 million
|-
|Evity Inc.<ref>{{cite web | url=https://www.bizjournals.com/austin/stories/2000/05/01/daily9.html | title=BMC buys Evity for $100M }}</ref>
|2000
|$100 million
|-
|Perform SA<ref>{{Cite web|url=https://fcw.com/articles/2001/06/11/bmc-completes-the-picture.aspx|title=BMC completes the picture -}}</ref>
|2001
|$23 million
|-
|Remedy (product)<ref>{{Cite web|url=https://www.crn.com/news/channel-programs/18838586/bmc-completes-remedy-acquisition.htm|title=BMC Completes Remedy Acquisition|date=21 November 2002}}</ref>
|2002
|Undisclosed
|-
|IT Masters<ref>{{Cite news|url=https://www.wsj.com/articles/SB104856648021382500|title = BMC Software Acquires IT Masters for $42 Million|newspaper = Wall Street Journal|date = 25 March 2003}}</ref>
|2003
|$42 million
|-
|[[Magic Solutions]]<ref>{{Cite web|url=https://www.itworldcanada.com/article/bmc-acquires-magic-solutions/36767|title=BMC acquires Magic Solutions &#124; IT World Canada News|date=15 December 2003}}</ref>
|2003
|$47 million
|-
|Marimba<ref>{{Cite news|url=https://www.wsj.com/articles/SB108324553581397266|title = BMC to Acquire Marimba|newspaper = Wall Street Journal|date = 29 April 2004|last1 = Newswires|first1 = Dow Jones}}</ref>
|2004
|$187 million
|-
|Identify Software<ref>{{cite web | url=https://www.bizjournals.com/houston/stories/2006/05/08/daily20.html | title=BMC closes deal for Israeli software firm }}</ref>
|2006
|$151 million
|-
|Service Management Partners
|2007
|Unknown
|-
|ProactiveNet<ref>https://www.enterprisemanagement.com/research/asset.php/552/BMC-Acquires-ProactiveNet:-Next-Generation-Event-Management-and-Value-Add-for-the-BMC-product-Line</ref>
|2007
|Unknown
|-
|RealOps<ref>{{Cite web|url=https://www.networkcomputing.com/careers-and-certifications/bmc-buys-realops|title = BMC Buys RealOps &#124; Network Computing}}</ref>
|2007
|Unknown
|-
|Emprisa Networks<ref>{{Cite news|url=https://www.reuters.com/article/emprisa-takeover-bmcsoftware/bmc-software-acquires-emprisa-networks-idUKWNAS572120071008|title=BMC Software acquires Emprisa Networks|newspaper=Reuters|date=8 October 2007}}</ref>
|2007
|$22 million
|-
|BladeLogic<ref>{{Cite news|url=https://www.wsj.com/articles/SB120575805374741545|title = Software Firm BMC to Acquire BladeLogic for About $800 Million|newspaper = Wall Street Journal|date = 17 March 2008|last1 = Flowers|first1 = John}}</ref>
|2008
|$854 million
|-
|ITM Software<ref>{{Cite web|url=https://www.wsj.com/articles/BL-TB-7687|title=BMC Software Acquires ITM Software|first=Eric|last=Savitz|website=www.wsj.com}}</ref>
|2008
|Undisclosed
|-
|MQSoftware<ref>https://www.enterprisemanagement.com/research/asset.php/1561/BMC-Software-Acquires-MQSoftware,-Strengthens-Middleware-and-Transaction-Management-Portfolio-</ref>
|2009
|Undisclosed
|-
|Tideway Systems<ref name="computerworld.com">{{Cite web|url=https://www.computerworld.com/article/2528168/bmc-buys-tideway-for-component-tracking-tools.html|title=BMC buys Tideway for component tracking tools|date=19 October 2009}}</ref>
|2009
|Undisclosed
|-
|Phurnace Software<ref name="computerworld.com"/>
|2010
|Undisclosed
|-
|Neptuny/Caplan <ref>{{Cite web|title=BMC Buys Neptuny Software to Bolster Cloud Portfolio|url=https://www.eweek.com/storage/bmc-buys-neptuny-software-to-bolster-cloud-portfolio|access-date=2020-03-27|website=eWEEK|date=6 October 2010}}</ref>
|2010
|Undisclosed
|-
|[[GridApp Systems]]<ref>{{Cite web|url=https://techcrunch.com/2010/12/03/bmc-gridapp-systems/|title=BMC Acquires Database Automation Solutions Provider GridApp Systems|date=December 3, 2010 }}</ref>
|2010
|Undisclosed
|-
|[[Coradiant]]<ref>{{Cite web|url=https://techcrunch.com/2011/04/28/bmc-buys-web-application-performance-management-software-maker-coradiant/|title = BMC Buys Web Application Performance Management Software Maker Coradiant| date=April 28, 2011 }}</ref>
|2011
|Undisclosed
|-
|Aeroprise <ref>{{Cite web|title=BMC Software Acquires Aeroprise To Enhance Its Mobile Know-How|url=https://techcrunch.com/2011/07/07/bmc-software-acquires-aeroprise-to-enhance-its-mobile-know-how/|access-date=2011-07-07|website=Techcrunch|date=July 7, 2011 }}</ref>
|2011
|Undisclosed
|-
|[[StreamStep]]<ref>{{Cite news|url=https://www.apmdigest.com/bmc-software-acquires-streamstep|title = BMC Software Acquires StreamStep|newspaper = Apmdigest - Application Performance Management|date = 5 October 2011}}</ref>
|2011
|Undisclosed
|-
|[[Numara Software]]<ref>{{Cite news|title=BMC Acquires Numara Software In A Mid-Market Makeover: What It Means For Customers|url=https://go.forrester.com/blogs/12-01-30-bmc_acquires_numara_software_in_a_mid_market_makeover_what_it_means_for_customers/|access-date=2020-06-29|newspaper=Forrester|date=30 January 2012}}</ref>
|2012
|Undisclosed
|-
|CDB Software, inc. <ref>{{cite press release|title=CDB Software, inc. has been acquired by BMC Software|url=https://gulfstargroup.com/press-releases/view/cdb-software-inc|website=Gulf Star Group}}</ref>
|2015
|Undisclosed
|-
|Correlog <ref>{{Cite press release|title=BMC to Acquire CorreLog, Inc., a Leader in Multi-Platform IT Security Event Log Management|url=https://www.prnewswire.com/news-releases/bmc-to-acquire-correlog-inc-a-leader-in-multi-platform-it-security-event-log-management-300728759.html|access-date=2020-06-29|website=CISION PR Newswire}}</ref>
|2018
|Undisclosed
|-
|RSM Partners <ref>{{Cite press release|title=BMC Completes Acquisition of RSM Partners, a Leader in Mainframe Service and Solutions|url=https://www.prnewswire.com/news-releases/bmc-completes-acquisition-of-rsm-partners-a-leader-in-mainframe-service-and-solutions-301021245.html|access-date=2020-06-29|website=CISION PR Newswire}}</ref>
|2020
|Undisclosed
|-
|[[Compuware]]<ref>{{Cite web|title=Houston software co. closes one of its largest acquisitions ever|url=https://www.bizjournals.com/houston/news/2020/06/01/bmc-software-closes-compuware-acquisition.html|access-date=2020-06-29|website=[[Houston Business Journal]]}}</ref>
|2020
|Undisclosed
|-
|Alderstone<ref>{{cite web | url=https://www.bizjournals.com/houston/news/2020/09/08/bmc-software-to-acquire-uk-based-alderstone.html | title=BMC Software to acquire Alderstone IT consultancy }}</ref>
|2020
|Undisclosed
|-
|ComAround<ref>{{Cite web|url=https://aithority.com/saas/bmc-acquires-comaround/|title = BMC Acquires ComAround|date = 14 October 2020}}</ref>
|2020
|Undisclosed
|-
|StreamWeaver<ref>{{Cite web|last=Greig|first=Jonathan|title=BMC acquires software company StreamWeaver|url=https://www.zdnet.com/article/bmc-acquires-software-company-streamweaver/|access-date=2022-01-31|website=ZDNet|language=en}}</ref>
|2021
|Undisclosed
|}


== See also ==
== See also ==
Line 254: Line 100:
[[Category:Software performance management]]
[[Category:Software performance management]]
[[Category:2013 mergers and acquisitions]]
[[Category:2013 mergers and acquisitions]]
[[Category:1980 establishments in Texas]]
[[Category:Bain Capital companies]]

Latest revision as of 02:00, 22 November 2024

BMC Software, Inc.
Company typePrivate
IndustryInformation technology
Consulting
Enterprise software
FoundedSeptember 1980; 44 years ago (1980-09)
FounderJohn Moores[1]
Dan Cloer[2]
Scott Boulette[2]
HeadquartersHouston, Texas, United States[3]
Key people
Ayman Sayed (CEO)[3]
ProductsSoftware
IT service management
Revenue$2.1 billion (2021)[3]
OwnerKKR
Number of employees
6,000 (2020)[3]
Websitewww.bmc.com

BMC Software, Inc. is an American multinational information technology (IT) services and consulting, and enterprise software company based in Houston, Texas.[citation needed]

History

[edit]

The company was founded in Houston, Texas, by former Shell employees Scott Boulette, John Moores, and Dan Cloer, whose surname initials were adopted as the company name BMC Software.[4] Moores served as the company's first CEO.[5] The firm primarily wrote software for IBM mainframe computers, the industry standard at the time,[6] but since the mid-1990s has been developing software to monitor, manage and automate both distributed and mainframe systems.

In 1987, Moores was succeeded by Richard A. Hosley II as CEO and President. In July 1988, BMC was re-incorporated in Delaware and went public with an initial public offering for BMC stock.[7][8] The first day of trading was August 12, 1988. BMC stock was originally traded on the Nasdaq under the symbol BMCS and on the New York Stock Exchange with symbol BMC.

Acquisition and privatization by private equity firms

[edit]

In May 2013, BMC announced that it was being acquired by a group of major private equity investment groups for $6.9 billion.[9] The process was completed in September 2013 and the company is no longer publicly traded.

It was announced on October 2, 2018 that BMC was acquired by KKR, a leading global investment firm. The company was acquired from a private investor group led by Bain Capital Private Equity and Golden Gate Capital together with GIC, Insight Venture Partners, and Elliott Management.

Products and services

[edit]

BMC Software specializes in software designed to enable an autonomous digital enterprise, developing products used for multiple functions including automation, service management, DevOps, workflow orchestration, AIOps, and security.[citation needed]

The company supports enterprises using mainframes with its Automated Mainframe Intelligence (AMI) product line, which enables self-managing mainframe systems.[10] Self-managing mainframes use machine learning to improve efficiency by anticipating needs, sending alarms, and taking actions without the need for manual actions.[11]

BMC's Control-M software is an application workflow orchestration platform that allows businesses to run hundreds of thousands of batch jobs daily and use the data to optimize complex business operations, such as supply chain management.[12] Users can access all enterprise batch jobs through a single graphical interface.[13] Control-M integrates with distributed storage systems such as HDFS, YARN, MapReduce and Apache Spark.[12] In 2019, the firm made the program available in a Docker container, allowing easy deployment to the public cloud or on-premises.[14] The software has been named the overall leader in workload automation by Enterprise Management Associates in each report since 2010.[12] In 2020, the firm announced the launch of SaaS-based BMC Helix Control-M application workflow orchestration.[15]

The TrueSight suite utilizes AI and machine learning to provide insights and network automation capabilities,[16] and includes TrueSight Operations Management, TrueSight Automation for Networks, TrueSight Automation for Servers, and TrueSight Orchestration.

Directors and staff

[edit]

The company was founded by John J. Moores in 1980.[17] Richard A. Hosley II was president and chief executive officer of BMC Software, Inc. from October 1987 until April 1990. Shortly after becoming president, Hosley took the company public in 1988. Hosley was succeeded by Max Watson Jr. in April 1990.[18] Max Watson Jr. was chairman and chief executive officer of BMC Software from April 1990 to January 2001.[19]

In 2001, BMC appointed the company director, Garland Cupp, as chairman, succeeding Max Watson, who quit the post in January 2001.[20] Watson was succeeded as chairman and CEO by BMC's former senior vice president of product management and development, Robert Beauchamp.[21]

In December 2016, Peter Leav succeeded Bob Beauchamp as president and chief executive officer.[22] In October 2019, Ayman Sayed was named as President and CEO of BMC Software.[23]

Litigation

[edit]

In 2022, BMC won a lawsuit against IBM for "fraudulently inducing and then violating a software licensing agreement", and was awarded over $1.6 million in damages.[24][25] This was then overturned by the 5th U.S. Circuit Court of Appeals in New Orleans, stating that "a lower court judge's determination concerning liability was in error." The three-judge panel, U.S. Circuit Judge Edith Jones said AT&T, one of BMC's biggest clients, had switched to IBM software "independently" and that BMC had "lost out to IBM fair and square".[26]

See also

[edit]

References

[edit]
  1. ^ "John Jay Moores, Emeritus". University of San Diego.
  2. ^ a b "History of BMC Software". History of Branding. August 24, 2007.
  3. ^ a b c d "BMC Software". Forbes.
  4. ^ "Jason Andrew". The CEO Magazine. October 2015. Archived from the original on December 20, 2016. Retrieved June 28, 2016.
  5. ^ "John J. Moores". Bloomberg.
  6. ^ Staff writer (June 6, 1985). "BMC-I.B.M. Suit". New York Times. Retrieved August 9, 2009.
  7. ^ "BMC: Stock Quote & Summary Data". Nasdaq. August 11, 2009. Retrieved August 11, 2009.
  8. ^ "BMC SOFTWARE INC (Form: 10-K, Received: 05/21/2008 17:30:22)". Archived from the original on January 4, 2022. Retrieved September 7, 2009.
  9. ^ Goldman, David. (2013-05-06) BMC Software sold for $6.9 billion - May. 6, 2013. Money.cnn.com. Retrieved on 2013-07-26.
  10. ^ "BMC Reinvents Application Development with Automated Intelligence". AiThority. July 31, 2019. Retrieved March 27, 2020.
  11. ^ "Creating a Self-Managing Mainframe". ibmsystemsmag.com. Archived from the original on March 6, 2023. Retrieved March 27, 2020.
  12. ^ a b c "BMC Control-M Named Overall Leader in EMA Workload Automation Radar Report". enterprisesystemsmedia.com. Retrieved March 27, 2020.
  13. ^ "BMC Control-M Improve workflows, reduce operating costs, and deploy new services faster with automation". RightStar. Retrieved March 27, 2020.
  14. ^ "BMC Preps Control-M Workflow Engine for Container Age". Container Journal. November 1, 2019. Retrieved March 27, 2020.
  15. ^ "Adding some SaaS to traditional business, BMC Helix Control-M unifies on-premises and Cloud". SiliconANGLE. December 2, 2020. Retrieved December 10, 2020.
  16. ^ "BMC TrueSight Operations Management". KTSL. September 22, 2016. Retrieved March 27, 2020.
  17. ^ Myerson, Allen R. (November 30, 1997). "A New Breed of Wildcatter for the 90's". The New York Times. Retrieved August 9, 2009.
  18. ^ Confessions of a Stock Broker. Littlebrown. 1972. ISBN 978-0-7181-1041-3. OL 7837855M.
  19. ^ "Max P. Watson". Forbes. August 10, 2009. Archived from the original on July 23, 2011. Retrieved August 10, 2009.
  20. ^ Connell, James (May 2, 2001). "Tech Brief:NEW BMC DIRECTOR". The New York Times. Archived from the original on May 18, 2013. Retrieved August 9, 2009.
  21. ^ "BMC Software, Inc. -- Company History". Funding Universe. Retrieved September 7, 2009.
  22. ^ Preimesberger, Chris (December 12, 2016). "BMC Makes Change at Top, Selects Former Polycom CEO". eWeek.
  23. ^ Gagliordi, Natalie. "BMC Software taps CA Technologies exec for permanent CEO position". ZDNet. Retrieved March 27, 2020.
  24. ^ Buchi, Raju (June 2, 2022). "BMC Software Awarded Historic $1.6 Billion in Damages in Suit Against IBM". Bracewell LLP. Retrieved September 6, 2024.
  25. ^ "White & Case and BMC Software legal team win "Houston Business Litigation of the Year" award | White & Case LLP". www.whitecase.com. May 15, 2023. Retrieved September 6, 2024.
  26. ^ Stempel, Jonathan (April 30, 2024). "IBM wins reversal of $1.6 billion judgment to BMC over software contract". Reuters.
[edit]
  • Official website Edit this at Wikidata
    • Historical business data for BMC Software, Inc.:
    • SEC filings
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