Tuesday, August 9, 2022

BMC to acquire BladeLogic for US$800 million

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.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

Related Tech News

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.