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BMC to acquire BladeLogic for US$800 million

BMC to acquire BladeLogic for US$800 million

By:  Chris Kanaracrus  On: 16 Mar 2008 For: IDG News Service (SS) Creator

Less than a year after HP decided to purchase Opsware, another major player in the data centre automation space gets swept up in the momentum of IT industry consolidation

BMC Software said Monday that it intends to purchase BladeLogic, a maker of data center automation software, for US$28 per share in cash, or about $800 million.

Previously in ComputerWorld Canada

The Opsware effect: Is BladeLogic next?

The company characterized BladeLogic as "the fastest growing company in the fastest growing segment of IT management software" in a statement.

BladeLogic's board of directors has unanimously recommended that the company's stockholders accept BMC's offer, which will occur within the next 10 days, according to a statement.

BMC said the pending purchase will fit into its "business service management" portfolio. The two companies have already worked together to integrate their products, according to BMC.

This would be the latest in a string of recent acquisitions by BMC, which include ProActiveNet, maker of an IT "early warning system," and RealOps, a company specializing in runbook automation software.


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Tags: portfolio, Business service management, management software, runbook automation software
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Chris Kanaracrus Chris Kanaracrus is a contributor to the International Data Group (IDG) News Service, which publishes global technology stories from bureaus around the world to more than 300 publications in more than 60 countries.

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