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BMC Software

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BMC Software, Inc.
Company type
Private
IndustryInformation technology
Consulting
Enterprise software
FoundedSeptember 1980; 45 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
Cloud computing
Artificial intelligence
SaaS
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.[4] 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.[5]

History

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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.[6][7] Moores was the company's first CEO.[8] Initially, the firm primarily wrote software for IBM mainframe computers, the industry standard at the time.[9]

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.[10][11] The first day of trading was August 12, 1988.[12] BMC stock was originally traded on the Nasdaq under the symbol BMCS and later on the New York Stock Exchange with symbol BMC.[12]

Hosley was succeeded by Max Watson Jr. in April 1990.[13] Watson Jr. was chairman and CEO until January 2001.[14] After Watson resigned, BMC appointed the company director, Garland Cupp, as chairman.[15] Cupp was succeeded as chairman and CEO by BMC's former senior vice president of product management and development, Robert Beauchamp.[16][better source needed]

On April 29, 2004, BMC Software Inc. announced that it was acquiring Marimba, Inc. for $239 million in cash.[17] Following the acquisition, BMC planned to expand its "Remedy" product line using Marimba's configuration management software.[18]

In October 2009, BMC Software Inc. announced that it was acquiring Tideway Systems Ltd., which provides data center management software, for an undisclosed price.[19]

In December 2016, Peter Leav succeeded Beauchamp as president and CEO.[20] In October 2019, Ayman Sayed was named as President and CEO.[21]

Acquisition and privatization by private equity firms

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In May 2013, BMC announced that it was being acquired by a group of major private equity investment groups for $6.9 billion.[22] The transfer was completed in September 2013 and the company is no longer publicly traded.[23]

Creation of Two Independent Companies

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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.[24]

Products and services

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BMC Software provides support for enterprise mainframes with its Automated Mainframe Intelligence (AMI) product line (known internally as IZOT).[citation needed] AMI use machine learning to attempt to improve efficiency.[citation needed]

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.[25] In 2020, the firm launched an SaaS-based version of Control-M.[26]

Helix, formerly known as Remedy, is the company's service management business unit.[citation needed]

TrueSight is the company's AI and machine learning product line.[citation needed]

Litigation

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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.[27][28] 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".[29]

See also

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References

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  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. ^ https://www.bloomberg.com/news/articles/2025-02-21/kkr-said-to-prepare-sale-of-bmc-helix-at-2-billion-value
  5. ^ "BMC to split into two independent organizations". CIO. Retrieved December 17, 2025.
  6. ^ Myerson, Allen R. (November 30, 1997). "A New Breed of Wildcatter for the 90's". The New York Times. Retrieved August 9, 2009.
  7. ^ "Jason Andrew". The CEO Magazine. October 2015. Archived from the original on December 20, 2016. Retrieved June 28, 2016.
  8. ^ "John J. Moores". Bloomberg.
  9. ^ Staff writer (June 6, 1985). "BMC-I.B.M. Suit". New York Times. Retrieved August 9, 2009.
  10. ^ "BMC: Stock Quote & Summary Data". Nasdaq. August 11, 2009. Retrieved August 11, 2009.
  11. ^ "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.
  12. ^ a b "BMC Software exits Nasdaq for New York Stock Exchange". Houston Business Journal. February 23, 2001. Retrieved December 11, 2024.
  13. ^ Confessions of a Stock Broker. Littlebrown. 1972. ISBN 978-0-7181-1041-3. OL 7837855M.
  14. ^ "Max P. Watson". Forbes. August 10, 2009. Archived from the original on July 23, 2011. Retrieved August 10, 2009.
  15. ^ 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.
  16. ^ "BMC Software, Inc. -- Company History". Funding Universe. Retrieved September 7, 2009.
  17. ^ "BMC Snaps Up Marimba". InformationWeek. April 29, 2004. Retrieved May 18, 2026.
  18. ^ LaMonica, Martin (April 29, 2004). "BMC snaps up Marimba". CNET. Retrieved May 18, 2026.
  19. ^ Babcock, Charles (October 21, 2009). "BMC To Acquire Tideway". InformationWeek. Retrieved May 18, 2026.
  20. ^ Preimesberger, Chris (December 12, 2016). "BMC Makes Change at Top, Selects Former Polycom CEO". eWeek.
  21. ^ Gagliordi, Natalie. "BMC Software taps CA Technologies exec for permanent CEO position". ZDNet. Retrieved March 27, 2020.
  22. ^ Goldman, David. (2013-05-06) BMC Software sold for $6.9 billion - May. 6, 2013. Money.cnn.com. Retrieved on 2013-07-26.
  23. ^ dev_team (May 6, 2013). "BMC Software Signs Definitive Agreement to be Acquired for $46.25 per Share in Cash". Golden Gate Capital. Retrieved January 31, 2026.
  24. ^ "BMC to split into two independent organizations". CIO. Retrieved August 6, 2025.
  25. ^ "BMC Preps Control-M Workflow Engine for Container Age". Container Journal. November 1, 2019. Retrieved March 27, 2020.
  26. ^ "Adding some SaaS to traditional business, BMC Helix Control-M unifies on-premises and Cloud". SiliconANGLE. December 2, 2020. Retrieved December 10, 2020.
  27. ^ Buchi, Raju (June 2, 2022). "BMC Software Awarded Historic $1.6 Billion in Damages in Suit Against IBM". Bracewell LLP. Retrieved September 6, 2024.
  28. ^ "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.
  29. ^ 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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