BMC Software
BMC Software, Inc. is an American multinational information technology (IT) services and consulting, and enterprise software company. In 2025, the company's Helix product was spun off into the independent IT service and operations-focused company BMC Helix. Both companies are owned by KKR and based in Houston, Texas.
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| Company type | Private |
|---|---|
| Industry | Information technology Consulting Enterprise software |
| Founded | September 1980 |
| Founder | John Moores[1] Dan Cloer[2] Scott Boulette[2] |
| Headquarters | Houston, Texas, United States[3] |
Key people | Ayman Sayed (CEO)[3] |
| Products | Software IT service management Cloud computing Artificial intelligence SaaS |
| Revenue | $2.1 billion (2021)[3] |
| Owner | KKR |
Number of employees | 6,000 (2020)[3] |
| Website | www.bmc.com |
BMC Software, Inc. is an American multinational information technology (IT) services and consulting, and enterprise software company.[4] In 2025, the company's Helix product was spun off into the independent IT service and operations-focused company BMC Helix. Both companies are owned by KKR and based in Houston, Texas.[5]
History
[edit]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]
In December 2016, Peter Leav succeeded Beauchamp as president and CEO.[17] In October 2019, Ayman Sayed was named as President and CEO.[18]
Acquisition and privatization by private equity firms
[edit]In May 2013, BMC announced that it was being acquired by a group of major private equity investment groups for $6.9 billion.[19] The transfer was completed in September 2013 and the company is no longer publicly traded.[20]
Creation of Two Independent Companies
[edit]In October 2024 BMC announced that it was splitting into two separate organizations. BMC Software remains the name of the company that includes the Intelligent Z Optimization and Transformation (IZOT) and Digital Business Automation (DBA) business units.[21]
Products and services
[edit]BMC Software provides support for enterprise mainframes with its Automated Mainframe Intelligence (AMI) product line (known internally as IZOT).[citation needed] AMI use machine learning to attempt to improve efficiency.[citation needed]
BMC's Control-M software (internally known as DBA) 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 made the program available in a Docker container, simplifying deployment.[22] In 2020, the firm launched an SaaS-based version of Control-M.[23]
Helix, formerly known as Remedy, is the company's service management business unit.[citation needed]
TrueSight is the company's AI and machine learning product line.[citation needed]
Litigation
[edit]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.[24][25] 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".[26]
See also
[edit]
References
[edit]- ^ "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.
- ^ https://www.bloomberg.com/news/articles/2025-02-21/kkr-said-to-prepare-sale-of-bmc-helix-at-2-billion-value
- ^ "BMC to split into two independent organizations". CIO. Retrieved December 17, 2025.
- ^ 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.
- ^ 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.
- ^ Goldman, David. (2013-05-06) BMC Software sold for $6.9 billion - May. 6, 2013. Money.cnn.com. Retrieved on 2013-07-26.
- ^ dev_team (May 6, 2013). "BMC Software Signs Definitive Agreement to be Acquired for $46.25 per Share in Cash". Golden Gate Capital. Retrieved January 31, 2026.
- ^ "BMC to split into two independent organizations". CIO. Retrieved August 6, 2025.
- ^ "BMC Preps Control-M Workflow Engine for Container Age". Container Journal. November 1, 2019. Retrieved March 27, 2020.
- ^ "Adding some SaaS to traditional business, BMC Helix Control-M unifies on-premises and Cloud". SiliconANGLE. December 2, 2020. Retrieved December 10, 2020.
- ^ 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
[edit]- Official website
- Historical business data for BMC Software, Inc.:
- SEC filings
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