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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.
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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...