BMC Software
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Key people | Ayman Sayed (CEO)[1] |
| Products | Software IT service management Cloud computing Artificial intelligence SaaS |
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BMC Software, Inc. is an American multinational information technology (IT) services and consulting, and enterprise software company.[2] In 2025, the company's Helix product was spun off into the independent IT service and operations-focused company BMC Helix. Both companies are owned by KKR and based in Houston, Texas.[3]
History
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][5] Moores was the company's first CEO.[6] Initially, the firm primarily wrote software for IBM mainframe computers, the industry standard at the time.[7]
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.[8][9] The first day of trading was August 12, 1988.[10] BMC stock was originally traded on the Nasdaq under the symbol BMCS and later on the New York Stock Exchange with symbol BMC.[10]
Hosley was succeeded by Max Watson Jr. in April 1990.[11] Watson Jr. was chairman and CEO until January 2001.[12] After Watson resigned, BMC appointed the company director, Garland Cupp, as chairman.[13] Cupp was succeeded as chairman and CEO by BMC's former senior vice president of product management and development, Robert Beauchamp.[14]Script error: No such module "Unsubst".
On April 29, 2004, BMC Software Inc. announced that it was acquiring Marimba, Inc. for $239 million in cash.[15] Following the acquisition, BMC planned to expand its "Remedy" product line using Marimba's configuration management software.[16]
In October 2009, BMC Software Inc. announced that it was acquiring Tideway Systems Ltd., which provides data center management software, for an undisclosed price.[17]
In December 2016, Peter Leav succeeded Beauchamp as president and CEO.[18] In October 2019, Ayman Sayed was named as President and CEO.[19]
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.[20] The transfer was completed in September 2013 and the company is no longer publicly traded.[21]
Creation of Two Independent Companies
In October 2024 BMC announced that it was splitting into two separate organizations. BMC Software remains the name of the company that includes the Intelligent Z Optimization and Transformation (IZOT) and Digital Business Automation (DBA) business units.[22]
Products and services
BMC Software provides support for enterprise mainframes with its Automated Mainframe Intelligence (AMI) product line (known internally as IZOT).Script error: No such module "Unsubst". AMI use machine learning to attempt to improve efficiency.Script error: No such module "Unsubst".
BMC's Control-M software (internally known as DBA) allows businesses to run high-volume batch processing to optimize complex business operations, such as supply chain management. Users can access these batch jobs through a graphical interface. In 2019, the firm made the program available in a Docker container, simplifying deployment.[23] In 2020, the firm launched an SaaS-based version of Control-M.[24]
Helix, formerly known as Remedy, is the company's service management business unit.Script error: No such module "Unsubst".
TrueSight is the company's AI and machine learning product line.Script error: No such module "Unsubst".
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 billion in damages.[25][26] 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".[27]
See also
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References
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- ↑ a b Lua error in package.lua at line 80: module 'Module:Citation/CS1/Utilities' not found.
- ↑ https://www.bloomberg.com/news/articles/2025-02-21/kkr-said-to-prepare-sale-of-bmc-helix-at-2-billion-value
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- ↑ Goldman, David. (2013-05-06) BMC Software sold for $6.9 billion - May. 6, 2013. Money.cnn.com. Retrieved on 2013-07-26.
- ↑ Lua error in package.lua at line 80: module 'Module:Citation/CS1/Utilities' not found.
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External links
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