BMC Software

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BMC Software, Inc.
TypePrivate
IndustryComputer software
FoundedSeptember 1980; 40 years ago (1980-09)
FounderJohn J. Moores
Dan Cloer
Scott Boulette
HeadquartersHouston, Texas, U.S.
Key people
Ayman Sayed, CEO
Products
Revenue$2 billion (2019)[1]
OwnerKohlberg Kravis Roberts
Number of employees
6,000 (2019)[1]
Websitewww.bmc.com

BMC Software, Inc. is an American enterprise software company. BMC offers software as a service (SaaS)-based and on-premises software and services in areas including cloud computing, IT service management, automation, IT operations, and mainframe. BMC is a privately held multinational firm with multiple offices located around the world.[2] Its international headquarters is located in Houston, Texas, United States.[3][4]

History[edit]

The company was founded in Houston, Texas, by former Shell Oil employees Scott Boulette, John J. Moores, and Dan Cloer, whose surname initials were adopted as the company name BMC Software.[5][6] Moores served as the company's first CEO.[7] The firm primarily wrote software for IBM mainframe computers, the industry standard at the time,[3] but since the middle 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.[8][9] The first day of trading was August 12, 1988.[10][11] BMC stock was originally traded on 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.[12] The process was completed in September 2013 and the company is no longer publicly traded.[13]

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.[14]

Notable acquisitions[edit]

Company Year Price
Patrol Software 1994 $36 million
HawkNet [15] 1996 Undisclosed
PEER Networks [15] 1996 Undisclosed
Datetools 1997 $60 million
Boole & Babbage[16] 1998 $877m - $1 billion
BGS Systems[17] 1998 $285 million
New Dimension Software[18] 1999 $673 million
Optisystems[19] 2000 $70 million
Evity Inc.[20] 2000 $100 million
Perform SA[21] 2001 $23 million
Remedy (product)[22] 2002 Undisclosed
IT Masters[23] 2003 $42 million
Magic Solutions[24] 2003 $47 million
Marimba[25] 2004 $187 million
Identify Software[26] 2006 $151 million
Service Management Partners 2007 Unknown
ProactiveNet[27] 2007 Unknown
RealOps[28] 2007 Unknown
Emprisa Networks[29] 2007 $22 million
BladeLogic[30] 2008 $854 million
ITM Software[31] 2008 Undisclosed
MQSoftware[32] 2009 Undisclosed
Tideway Systems[33] 2009 Undisclosed
Phurnace Software[33] 2010 Undisclosed
Neptuny/Caplan [34] 2010 Undisclosed
GridApp Systems[35] 2010 Undisclosed
Coradiant[36] 2011 Undisclosed
Aeroprise [37] 2011 Undisclosed
StreamStep[38] 2011 Undisclosed
Numara Software [39] 2012 Undisclosed
Correlog [40] 2018 Undisclosed
RSM Partners [41] 2020 Undisclosed
Compuware [42] 2020 Undisclosed
Alderstone[43] 2020 Undisclosed
ComAround[44] 2020 Undisclosed

Products and services[edit]

BMC Software specializes in software designed to enable an autonomous digital enterprise,[45][46] developing products used for multiple functions including automation, service management, DevOps, workflow orchestration, AIOps, and security.

The company supports enterprises using mainframes with its Automated Mainframe Intelligence (AMI) product line, which enables self-managing mainframe systems.[47] Self-managing mainframes use machine learning to improve efficiency by anticipating needs, sending alarms, and taking actions without the need for manual actions.[48]

BMC's Control-M software is an application workflow orchestration platform that allows businesses to run hundreds of thousands of batch jobs jobs daily and use the data to optimize complex business operations, such as supply chain management.[49] Users can access all enterprise batch jobs through a single graphical interface.[50] Control-M integrates with distributed storage systems such as HDFS, YARN, MapReduce, and Apache Spark.[49] In 2019, the firm made theprogram available in a Docker container, allowing easy deployment to the public cloud or on-premises.[51]The softwarr has been named the overall leader in workload automation by Enterprise Management Associates in each report since 2010.[49] In 2020, thefirm announced the launch of SaaS-based BMC Helix Control-M application workflow orchestration.[52]

The BMC Helix suite includes IT service management (ITSM) and IT operations management (ITOM) that integrate AI to provide predictive capabilities.[53] It includes omni-channel communication through integrations with Slack, Skype, and SMS.[54]

The TrueSight suite utilizes AI and machine learning to provide insights and network automation capabilities,[55] 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; Moores was a "former Shell Oil computer specialist ... whose software made Shell's computers more efficient."[56] 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.[57] Max Watson Jr. was chairman and chief executive officer of BMC Software from April 1990 to January 2001.[58]

In 2001, BMC appointed the company director, Garland Cupp, as chairman, succeeding Max Watson, who quit the post in January 2001.[59] Watson was succeeded as chairman and CEO by BMC's former senior vice president of product management and development, Robert Beauchamp.[10]

In December 2016, Peter Leav succeeded Bob Beauchamp as president and chief executive officer.[60][61] In October 2019, Ayman Sayed was named as President and CEO of BMC Software.[62]

See also[edit]

References[edit]

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