BMC Software‘s (NASDAQ: BMC) board of directors has agreed to sell the company to a private investor group led byBudget Year Bain Capital and Golden State Capital for $6.9 billion cash, or $46.25 per share. The transaction is subject to approval from BMC shareholders and regulatory approvals and the company expects the transaction to close later... 

Unisys Corporation (NYSE: UIS) has formed a joint initiative with Houston-based BMC Software to deliver and manage advanced cloud products to customers. Financial details of the link were not disclosed. Joint customers include La Caixa, Spain’s largest savings bank.  Read More »

A slate of top ITInformation Technology firms, including Eucalyptus Systems of HP’s Eucalyptus Systems (NYSE: HPQ), IBM (NYSE: IBM), Intel (NASDAQ: INTC), Red Hat Inc. (NYSE: RHT) and BMC Software (NASDAQ: BMC) have joined forces to promote the Open Virtualization Alliance, a consortium devoted to the adoption of open virtualization technologies...