BMC to Buy BladeLogic For Nearly $800M

Datacenter automation is the focus as BMC seeks to add to its BSM portfolio.


You Can't Detect What You Can't See: Illuminating the Entire Kill Chain

On-Demand Webinar

IT management software maker BMC Software on Monday has struck a deal to buy datacenter automation player BladeLogic, for nearly $800 million.

The acquisition -- which will see BMC (NYSE: BMC) buying BladeLogic (NASDAQ: BLOG), for $28 per share in cash, above Friday's $23.61 close -- is designed to round out BMC's product portfolio.

BMC makes business service management (BSM) software that helps IT staff manage an enterprise's technology.

Adding BladeLogic's service to its own roster of BSM products could enable BMC to offer businesses greater IT automation -- seen as a way to cut costs as budgets balloon.

"Organizations around the world will spend more than $140 billion dollars this year running datacenters," said Bob Beauchamp, BMC's president and chief executive officer. "Automation is the only way IT can bring this spending under control and still meet the reliability and time-to-market requirements of their businesses."

This article was first published on InternetNews.com. To read the full article, click here.

Comment and Contribute


(Maximum characters: 1200). You have characters left.



IT Management Daily
Don't miss an article. Subscribe to our newsletter below.

By submitting your information, you agree that datamation.com may send you Datamation offers via email, phone and text message, as well as email offers about other products and services that Datamation believes may be of interest to you. Datamation will process your information in accordance with the Quinstreet Privacy Policy.