BMC Software
In June 2008, BMC acquired privately-held ITM Software, a Santa Clara (CA) firm founded in 2001 that makes software products and services that advance the business management of Information Technology. In June 2009, BMC received a CIO 100 award for innovative use of an internal cloud computing environment to achieve maximum return on server and storage investments. In August 2009, BMC acquired privately held MQSoftware, a middleware management software firm; middleware is the cornerstone for integrating disparate systems across the enterprise to deliver business services, according to one source. In October 2009, BMC acquired privately held Tideway, a maker of IT discovery software, to support BMC’s vision of Dynamic BSM. In fiscal 2000, 2001 and 2002, research and development spending, net of capitalized amounts, represented 23%, 29% and 37% of total revenues, respectively, according to a 10K report filed with the SEC in 2002.Partial List of Software Products The company was founded by John Jay Moores in 1980; Moores was a former Shell Oil computer specialist .. In 2002, in a 10K statement submitted to the SEC, BMC identified its principal competitors as large software firms such as IBM, Computer Associates, and Microsoft, as well as computer makers such as Sun and HP.
Bee-chum ). was chairman and chief executive officer of BMC Software from April 1990 to January 2001.
Beginning about 1994, BMC began a pattern of consistently buying both small and large software firms. In October 2009, BMC returned to NASDAQ‘s electronic trading platform, remaining under the ticker symbol, BMC. Beauchamp continues to be CEO and president in 2009. In 2009, other executives include the president of the Enterprise Service Management unit—Dev Ittycheria; the president of the Mainframe Service Management unit—Bill Miller; and the chief financial officer—Stephen Solcher. BMC had 5,900 employees in December 2008, including 1,100 in Houston.
The license agreements under which customers use our products restrict the customer s use to its own operations and prohibit disclosure to third persons. Watson was succeeded by BMC s former senior vice president of product management and development, Robert Beauchamp (pron.
Most firms are American, although there have been firms from Belgium and two from Israel. BMC is divided into two main business units: In August 2009, BMC had over 450 software applications to primarily manage mainframes and distributed systems, as well as virtual and cloud computing IT environments.
As a cost saving measure from the early days of the company sales were handled via direct mail and telemarketing. While BMC s most significant asset is perhaps a workforce of skilled software engineers, the firm owns considerable intellectual property in the form of software code.
(NASDAQ: BMC) is a multinational corporation specializing in Business Service Management (BSM) software, with record annual revenue in fiscal 2009 of $1.87 billion. In 2000, BMC had reportedly invested with a firm called Interliant, a Purchase, New York provider.
Retrieved Aug 2009. Over time, its focus widened to include tasks associated with monitoring information technology as well as its traditional focus on mainframe software. A primary BMC product during the early 1990s was its Patrol Software, a data base and systems management product (which) monitors the status of computers, resources, databases and applications on a network, according to a New York Times report.
Lowe-Cleveland which involves complex signals processing; patent attorneys trying to describe this process wrote: receiving a message from a remote device, the message comprising either a definition, a state change, a command or some combination thereof; processing the definition (if any) before the state change (if any); and processing the state change (if any) before processing the command (if any). BMC owns real estate property but it s mostly in four office buildings totaling 1,515,000 square feet in Houston, Texas; sales and development offices around the world are leased. But the industry is complex and ever-changing.
BMC owns software patents. In 2003, BMC made a deal with a large maker of computer data storage systems, EMC Corporation, exchanging rights to BMC s discontinued storage software for access to fifty of BMC s software storage customers.
By delivering service desk technology via the cloud, you can abstract all the complexity of the infrastructure that rely on IT services delivery and follow best practices, said BMC chairman and CEO, Bob Beauchamp. As the computer industry moves in the direction of cloud computing, BMC is working with firms like Cisco and VMware to build a so-called Unified Computing System described as a private cloud in a box ; the Economist Magazine elaborated: instead of having to wire up servers, storage devices and networking gear, companies can build and reconfigure virtual computer systems with a few mouse clicks, reported the Economist in March 2009.
The name BMC is taken from the surname of its three founders—Scott Boulett, John Moores, and Dan Cloer. Employing nearly 6,000, BMC is often credited with pioneering the BSM concept as a way to help better align IT operations with business needs. BMC is a multinational firm operating in North America, Australia, Europe, and Asia and has multiple offices located around the world. Sulcer, Lawrence M.
All three had worked at Shell Oil doing computer programming. In addition, we employ protective measures such as CPU dependent passwords, expiring passwords and time-based trials. While software can be considered as intellectual property like screenplays and protected by copyrighting, some software processes can be considered as inventions and protected by patent.
BMC was able to expand software product offerings, extend new capabilities, bring new talent into the firm, and integrate solutions into a comprehensive product line. BMC was making alliances and investing in new technologies.
BMC competes against firms with large market capitalizations and resources, particularly IBM, Computer Associates, Hewlett-Packard, Sun, and Microsoft. Acquisitions didn t necessarily mean layoffs.
In 1999, BMC acquired the Israeli firm New Dimension which made application service as well as management software for $673 million cash. While many were acquisitions of small privately held firms with undisclosed terms of sale, there were sizeable purchases too.
The employees at the headquarters in Sugar Land often wore Hawaiian shirts rather than business suits. In October 2007, BMC bought Emprisa Networks (based in Fairfax, Virginia) for its network compliance, change, configuration management and automation product .
whose software made Shell s computers more efficient. Max Watson Jr. In 2004, BMC bought the Magic Solutions unit of Network Associates for $47 billion to add customer-service programs for small and midsize companies and which makes software used to log and answer customer calls. In 2005, BMC bought OpenNetwork, based in Clearwater, Florida, for $18 million to expand its ability to let customers manage access to Web-based applications. In April 2007, BMC bought privately held start-up Service Management Partners which had a software product that helps organizations to visualize and configure software tools. In May 2007, BMC bought privately-held ProactiveNet, a maker of business service management software which helps IT collect systems data, which is then analyzed for potential problems and can automatically alert IT staffs to problems and suggest remedies. In July 2007, BMC bought RealOps, a provider of run book automation solutions.
From 1994 to 2009, BMC has bought approximately 32 firms. BMC is one of the largest software companies in the world and has grown total revenue each fiscal year since 2002. Headquartered in Houston, Texas, BMC develops, markets and sells software used for multiple functions, including IT service management, data center automation, performance management, virtualization lifecycle management and cloud computing management.
In 1998, BMC bought Boole & Babbage, the first software products firm in Silicon Valley, Also in 1998, BMC bought Massachusetts-based BGS which makes software tools that help companies analyze and predict the performance of their systems in a stock deal valued at $285 million. Generally, the software is used to help information technology managers, typically in large enterprises or agencies, manage operations, make IT more efficient, remediate issues, increase compliance and lower IT costs. For example, BMC’s BSM platform improves efficiency for government agencies such as New York City s Department of Information Technology and Telecommunications.
In July 1988, BMC was re-incorporated in Delaware and went public with an initial public offering for BMC stock. Remedy operated as an independent unit within the larger firm. Before the Remedy Acquisition, BMC had had trouble integrating acquired technology into its tool set, Beauchamp said in a conference call, while Remedy software has been integrating with BMC for years.
We believe that obtaining such copies would have limited value without access to the product s source code, which we keep highly confidential. BMC also counts Dell, VMware and NetApp among its strategic alliance partners. Business analysts see BMC as a major software player in the application software industry.
During the late 1970s, BMC Software founders Scott Boulett, John Moores, and Dan Cloer began a contract programming partnership. The growing firm needed more space.
For example, BMC owns a patent for GUI interpretation technology for client/server environment developed by software engineers David T. BMC Software began as a mainframe software vendor, but since the middle 1990s has been developing software to monitor, manage and automate distributed and mainframe systems.
It elaborated how it protects this property in an SEC filing (2002): We distribute our products in object code form and rely upon contract, trade secret, copyright and patent laws to protect our intellectual property. .
In April 2008, BMC bought BladeLogic, a data center automation software company, for $854 million. We now distribute certain of our products on a shrink-wrap basis, and the enforceability of such restrictions in a shrink-wrap license is unproven in certain jurisdictions.
During these first years of the new century, BMC spent heavily on research and product development. In 1989 BMC leased property in Sugar Land, Texas.
During his tenure as BMC s president and CEO, Beauchamp oversaw business changes including the move of BMC s stock to the New York Stock Exchange, the reorganization of BMC into two primary business units, and the introduction of Business Service Management. In July 2009, BMC and Amazon Web Services announced IT organizations will be able to extend their internal data centers to the Amazon Elastic Compute Cloud (Amazon ec2) through BMC’s BSM platform. In November 2009, BMC announced Service Desk Express will be sold, marketed and available via Salesforce.com.
Also, notwithstanding those restrictions, it is possible for other persons to obtain copies of our products in object code form. In 1991 BMC placed one quarter of pretax revenues into the budget for research and development.
BMC Software, Inc. which rented software to corporations over the Internet. In 2001, BMC cooperated with 20 other large companies in an IBM initiative called Project Eliza, described as an effort to develop computer networks that can largely manage themselves, recognizing faults and repairing them without human handlers. In 2002, BMC made a deal with Dell computer to manage Dell s systems; Dell Computer had agreed to manage its systems with BMC s products and resell them , according to an article in the New York Times.
Sometimes BMC competes with these firms in some areas, and cooperates in others. Note: Numbers rounded to eliminate decimals Source: Yahoo Finance. A June 2009 press release issued by the City of New York credits the implementation of BMC’s IT Service Management (ITSM) software and integration of automated monitoring tools “has produced dramatic improvements in interagency communication and streamlined City services with considerable cost avoidance.” In October 2009, BMC announced an initiative called Dynamic Business Service Management BMC uses its own software in a private cloud computing environment for developing applications.
Annual stockholder meetings are typically held in Houston during July or August. BMC programmers received commissions for their designs since the beginning of the firm. In November 2002, BMC acquired Mountain View (California) based Remedy for $350 million.
Ackner, and Donna S. By 1980, the company was incorporated in the state of Texas and officially became BMC Software. In 1987, Moores was succeeded by Max Watson as CEO and president.
