BMC Software, Inc. is an American multinational information technology (IT) services and consulting, and enterprise software company.[5] In 2025, the company's Helix product was spun off into the independent IT service and operations-focused company, BMC Helix.[4]
History
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 May 2013, BMC announced that it was being acquired by a group of major private equity investment groups for $6.9 billion.[20] The transfer was completed in September 2013 and the company was no longer publicly traded.[citation needed]
In December 2016, Peter Leav succeeded Beauchamp as president and CEO.[21] In October 2019, Ayman Sayed was named as President and CEO.[22]
In October 2024, BMC announced that it was splitting into two separate organizations: BMC Software and BMC Helix. BMC Software remains the name of the company that includes the Intelligent Z Optimization and Transformation (IZOT) and Digital Business Automation (DBA) business units.[4]
In 2026, it was announced that Montagu Private Equity would acquire a majority stake in BMC Helix through a carve-out transaction from BMC Software.[citation needed]
Products and services
BMC Software provides support for enterprise mainframes with its Automated Mainframe Intelligence (AMI) product line. AMI use machine learning to attempt to improve efficiency.[citation needed]
BMC's Control-M software 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 announced plans to make the program available in a Docker container to simplify deployment.[23] In 2020, the firm launched an SaaS-based version of Control-M.[24]
Helix, formerly known as Remedy, was the company's IT service management business unit.[25] In 2025, the company's Helix product was spun off into the independent IT service and operations-focused company, BMC Helix.[4][26]
Litigation
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
References
- ^ "John Jay Moores, Emeritus". University of San Diego.
- ^ a b "History of BMC Software". History of Branding. August 24, 2007.
- ^ a b c d "BMC Software". Forbes.
- ^ a b c d e Barker, Paul (October 9, 2024). "BMC to split into two independent organizations". CIO.com. Retrieved August 6, 2026.
- ^ Gould, Ryan; Tan, Gillian; Eastland, Maggie (February 21, 2025). "KKR Prepares Sale of BMC Helix at $2 Billion Value". Bloomberg News. Retrieved August 4, 2026.
- ^ Myerson, Allen R. (November 30, 1997). "A New Breed of Wildcatter for the 90's". The New York Times. Retrieved August 9, 2009.
- ^ "Jason Andrew". The CEO Magazine. October 2015. Archived from the original on December 20, 2016. Retrieved June 28, 2016.
- ^ "John J. Moores". Bloomberg.
- ^ Staff writer (June 6, 1985). "BMC-I.B.M. Suit". New York Times. Retrieved August 9, 2009.
- ^ "BMC: Stock Quote & Summary Data". Nasdaq. August 11, 2009. Retrieved August 11, 2009.
- ^ "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.
- ^ a b "BMC Software exits Nasdaq for New York Stock Exchange". Houston Business Journal. February 23, 2001. Retrieved December 11, 2024.
- ^ Confessions of a Stock Broker. Littlebrown. 1972. ISBN 978-0-7181-1041-3. OL 7837855M.
- ^ "Max P. Watson". Forbes. August 10, 2009. Archived from the original on July 23, 2011. Retrieved August 10, 2009.
- ^ 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.
- ^ "BMC Software, Inc. -- Company History". Funding Universe. Retrieved September 7, 2009.
- ^ "BMC Snaps Up Marimba". InformationWeek. April 29, 2004. Retrieved May 18, 2026.
- ^ LaMonica, Martin (April 29, 2004). "BMC snaps up Marimba". CNET. Retrieved May 18, 2026.
- ^ Babcock, Charles (October 21, 2009). "BMC To Acquire Tideway". InformationWeek. Retrieved May 18, 2026.
- ^ Goldman, David. (2013-05-06) BMC Software sold for $6.9 billion - May. 6, 2013. Money.cnn.com. Retrieved on 2013-07-26.
- ^ Preimesberger, Chris (December 12, 2016). "BMC Makes Change at Top, Selects Former Polycom CEO". eWeek.
- ^ Gagliordi, Natalie. "BMC Software taps CA Technologies exec for permanent CEO position". ZDNet. Retrieved March 27, 2020.
- ^ Vizard, Mike (November 1, 2019). "BMC Preps Control-M Workflow Engine for Container Age". Cloud Native Now. Futurum. Retrieved August 6, 2026.
- ^ "Adding some SaaS to traditional business, BMC Helix Control-M unifies on-premises and Cloud". SiliconANGLE. December 2, 2020. Retrieved December 10, 2020.
- ^ SECURITIES AND EXCHANGE COMMISSION (November 20, 2002). "FORM 8-K". SEC.gov. Retrieved August 6, 2026.
- ^ Manuel Fernández, Víctor (December 9, 2025). "How the BMC Helix spin-off has fared, one year later". CIO.com. Retrieved August 6, 2026.
- ^ Buchi, Raju (June 2, 2022). "BMC Software Awarded Historic $1.6 Billion in Damages in Suit Against IBM". Bracewell LLP. Retrieved September 6, 2024.
- ^ "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.
- ^ Stempel, Jonathan (April 30, 2024). "IBM wins reversal of $1.6 billion judgment to BMC over software contract". Reuters.
External links
- Official website
- Historical business data for BMC Software, Inc.:
- SEC filings
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