Share on Facebook Share on Twitter Email
Answers.com

BMC Software

 
Hoover's Profile: BMC Software, Inc.
Home > Library > Business & Finance > Hoover's Profiles
(NYSE:BMC)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
BMC Software, Inc.
2101 CityWest Blvd.
Houston, TX 77042-2827
TX Tel. 713-918-8800
Toll Free 800-841-2031
Fax 713-918-8000

Type: Public
On the web: http://www.bmc.com
 Employees: 5,800
Employee growth: 0.0%

BMC doesn't stand for Business Mismanagement Cure, but it could. BMC Software is a leading provider of enterprise management software used for a variety of functions, including recovery and storage management, business process scheduling and integration, service management, and application and database performance management. BMC provides tools designed to manage enterprise servers, speed up and monitor databases, eliminate unplanned outages, and recover system assets. It also provides professional services such as consulting and systems integration. BMC sells directly and through channel partners worldwide.

Key numbers for fiscal year ending March, 2009:
Sales: $1,871.9M
One year growth: 8.1%
Net income: $238.1M
Income growth: (24.1%)

Officers:
Chairman, President and CEO: Robert E. (Bob) Beauchamp
SVP and CFO: Stephen B. (Steve) Solcher
SVP Worldwide Sales and Services: John D. McMahon

Competitors:
CA, Inc.
Hewlett-Packard
IBM

Search unanswered questions...

Enter a question here...
Search: All sources Community Q&A Reference topics

Company News: BMC Software
Top
Home > Library > Business & Finance > MarketWatch
Company History: BMC Software, Inc.
Top
Home > Library > Business & Finance > Company Histories

Incorporated: 1980
NAIC: 541511 Custom Computer Programming Services; 511210 Software Publishers

BMC Software, Inc. is one of the world's largest developers and vendors of independent systems software. The company made its name with programs that increased the efficiency of IBM mainframe computer systems, and mainframes continue to constitute a sizable percentage of its sales. BMC also produces software for other computer systems, including Microsoft Windows NT and XP and the Linux operating systems. BMC products perform a variety of functions: monitoring and managing service levels; improving application responsiveness; minimizing system outages; automating systems maintenance tasks; assuring data availability, integrity, and recoverability; efficiently managing enterprise storage assets; increasing network performance; and administering business integrated scheduling, output management, and security. BMC is headquartered in Houston, Texas, in its own complex of four office buildings comprising over 1.5 million square feet of area. It also has offices in Austin, Texas; Waltham, Massachusetts; and San Jose, California. More than a third of BMC's 2003 revenues came from international sales. The company maintains offices throughout the world, including development offices in Tel Aviv, Israel; Aix en Provence, France; Frankfurt, Germany; Singapore; and, Pune, India. BMC licenses its software products to such firms as Intel Corporation, Hewlett-Packard, and Computer Associates. The company reached total revenues of $1.3 billion in 2002.

BMC Software began in the late 1970s as a partnership that did contract programming in the Houston area. The company took its name from the initials of the three partners: Scott Boulett, John Moores, Dan Cloer. By 1980, when it was incorporated, the 36-year-old Moores had become the company's CEO. As a programmer with Shell Oil, Moores realized that the software written for IBM mainframes, computers that dominated business and government at the time, could be much more efficient. With that in mind, Moores developed BMC's first product, the 3270 Optimizer, which sped up transmission by compressing data streams. To grow the young company, Moores paid top dollar to lure the best software developers and sales people to his firm. The strategy was successful, and new software poured out of BMC's development labs. Profit margins were unfortunately low due to the company's high salaries and generous benefit packages.

Another of Moores's innovations was marketing BMC software by telephone. Rather than send its sales staff out to meet personally with potential clients as other firms did, BMC sales people phoned database managers at target firms. Working in this way, they could pitch products directly to the individuals responsible for purchasing them, make many more sales calls in a day, and do it all for less money. Adding strength to the strategy, BMC designed its software packages specifically to make phone marketing easier. "We develop products that salesmen can explain in two or three minutes," BMC's Max Watson told the Wall Street Journal. The company worked on products for which it could make a clear, unambiguous claim--for example, that a particular program performed six to ten times faster than a comparable one by IBM.

In 1982, BMC's novel marketing methods and its IBM mainframe products attracted the attention of venture capitalist Jacqueline Morby. In BMC, she saw a company that was not living up to its potential, primarily because it was trying to develop too many products at the same time. For the next four years, Morby worked hard at introducing sound business practices at BMC. She persuaded Moores to cut back on new software development and to focus on the bottom line. By 1986, the company was earning profits equal to 20 percent of its revenues and a third of customers were from overseas.

In March 1988, BMC announced that in July it would make an initial public offering (IPO) of approximately three million shares of common stock on the NASDAQ. Company officials also hoped that the IPO would give the company visibility and prestige. The stock, which sold for between $9 and $11 a share, raised $27 million. Morby's initial investment had increased in value from $7 to $36 million. The company profited from the offering as well. By the end of 1988, its sales had skyrocketed by 50 percent from $93 million in 1987 to $139.5 million. Profits jumped even more, increasing by 55 percent from $20.3 million to $31.4 million. Over the next two years, BMC would go on the first of many buying sprees, acquiring companies and new products. In January 1989, it purchased Trimar Software Systems Ltd. and Trimar Software International Ltd., Toronto-based companies that produced IMS-VS Fast Path software products, for $4.5 million. One month later, it purchased the rights to CTOP and CTOP III products for $2 million in cash from H&W Computer Systems. By the beginning of 1991, it had also acquired Integrity Solutions, Inc. and the DB2 General Recovery Facility product.

By mid-1991, the Wall Street Journal could report that BMC was one of the most profitable and fastest-growing firms in the software field. It had 539 employees and net income of $31.4 million. BMC's stock had split once and was valued at $38.50 a share. Its telemarketing force was still going strong and their costs for sales and marketing were 20 to 40 percent less than competitors. The company continued to place the needs of its customers front and center, organizing regular focus groups to find out which problems needed fixing.

John Moores, the founder of BMC, had in the meantime become one of the richest men in the United States. In January 1992, Moores announced that he was retiring as BMC chairman in order to devote his time to philanthropy--he had already donated $51.4 million to his alma mater, the University of Houston, in October 1991--as well as other interests. When Moores gave up the day-to-day management of BMC in 1987, stepping down as CEO and president, Max Watson succeeded him. In 1992, Watson assumed the position of chairman as well. Soon after Moores left BMC, he founded a new software firm, Peregrine Systems, and started hiring software developers away from BMC, which responded in 1994 with a lawsuit against Peregrine and its former employees.

BMC was performing strongly in early 1992. Its stock had reached a high of $79 a share, and it had become one of the 20 largest software companies in the United States. By mid-1992, however, the situation had turned around. The stock's value had lost nearly 35 percent by July. For the next 12 months, the company was on a roller coaster ride. Although BMC had maintained strong growth through the early 1990s, in March 1993 its stock took another jarring hit on the NASDAQ when its value dropped by 20 percent. Few investors were surprised--by then the shares had acquired a reputation as one of the most volatile issues on the NASDAQ. Mainframes were an important reason for stock's fluctuations. By 1993, many analysts speculated that mainframe computers would soon be completely replaced by less expensive computer networks. These fears were largely unsupported by facts. BMC had managed to maintain a healthy annual growth rate of 40 percent while mainframe sales were getting sluggish. Nonetheless, in response BMC began to diversify its line of goods, in particular with software packages designed to expedite communications of mainframes in networks.

With its share price still falling in January 1994, BMC acquired privately owned Patrol Software of Redwood Shores, California. BMC paid $33.7 million for the company and an Australian affiliate. The acquisition represented a significant step away from the mainframe market. Patrol's software was designed to use so-called smart agent technology to continuously monitor computer networks for problems or potential problems. Chairman Max Watson was careful to point out that Patrol software did not represent a shift in BMC's essential market focus; instead, it was intended to serve as an adjunct to the company's still-successful mainframe business.

In 1993, BMC developed a new type of pact with its largest customers, styling these arrangements as "enterprise contracts." By March 1994, it had signed more than twenty such contracts with its largest clients. Frequently worth more than $1 million, enterprise contracts included large upgrade fees that were paid for at the time the original software was purchased. News of the deals caused another BMC slump on the NASDAQ. Wall Street was concerned that the contracts would result in increased fluctuations in BMC's quarterly revenues. In particular, they worried that the company was giving up future sales in exchange for booking revenue right away. In response, the company maintained that it had enterprise contracts with fewer than 10 percent of its total target market. It added that the contracts did not affect most BMC products or any yet-to-be-developed goods.

By 1996, it seemed that fears that mainframes were disappearing were unfounded, and BMC had reported sizable financial growth in fiscal 1995. Sales increased to $429 million over $345 in 1994, while profits jumped to $128 million from $103 million. In November 1996, BMC's stock split for the second time in a decade. In December, it announced plans to boost its Houston workforce by some 700 employees in the coming years. At the time, BMC employed about 1400 people worldwide. To house the new workers, BMC planned to construct a new ten-story office building next to the 20-story structure it already owned and operated on Houston's west side.

BMC's success at this juncture could be attributed in part to its recent attention to network computing. In 1996, network software, fueled in large measure by its purchase of Patrol in 1994, accounted for half of BMC's new products and about 25 percent of its sales. "We've gone from being a mainframe software company to one that serves the entire enterprise," Max Watson told the Houston Chronicle. "We have not abandoned the mainframe, but we've taken the same valuable things we did before and spread them across many different computer platforms." Another factor in BMC's success was the modification of the tried and true telemarketing methods developed under John Moores. As it grew, the company found it needed staff who could call on clients personally. It therefore set up a worldwide system of sales offices. Around 1996, it began licensing its products for use by other companies for the first time. It soon boasted clients among the biggest companies in computing, including Hewlett-Packard, Intel, and even IBM, once BMC's main competitor.

Mainframe clients, far from declining, were as strong as ever. Mainframes, it turned out, were much better than networks at handling the large streams of data that companies were increasingly required to process. The renewed mainframe vogue was reflected in a 54 percent increase in BMC's profits for December 1998. The firm was healthy not only in financial terms. In summer 1999, P.O.V. magazine ranked BMC the top employer in the entire nation among those that "inspire employee happiness and loyalty while still finishing deep in the black." In addition to the company's competitive salaries and benefit packages, the magazine cited BMC's excellent stock options plan, the free food it provided to its workers every day, the firm's casual dress code, and perks like company basketball and volleyball courts.

BMC made three significant purchases as the 1990s drew to a close. In March 1999, it acquired Boole & Babbage, a San Jose, California-based software producer, for $900 million in stock. Analysts praised the merger for the compatibility of the two firms. Both served similar client-bases, large corporations and government agencies, with no significant overlap in product lines. Complementing BMC's software, which was meant to insure smooth cooperation between major applications, Boole's was designed to monitor the operations of computer networks. At the end of the same month, BMC acquired BGS Systems, Inc. of Waltham, Massachusetts, in a stock transaction worth about $250 million. BGS developed programs to improve the performance of various business computer applications. Two weeks later, BMC paid about $675 million in cash for New Dimension Software, a Tel Aviv firm whose software was designed to schedule the operation of computer applications and manage security programs. New Dimension was made a fully owned subsidiary of BMC. The additions increased BMC's total annual revenues to approximately $1.3 billion and boosted its workforce to 5000 in 26 different countries.

Wall Street liked the developments at BMC. Over the course of 1999, the company's stock value increased a whopping 81 percent. Much of the interest was related to fears that the so-called Y2K bug was going to cause widespread serious computer problems in 2000. Companies and governments were scrambling to make sure their computer systems could survive the change in year and were buying lots of new software to do it. As 2000 finally rolled around, BMC stock was worth approximately $85 a share. When New Year's Day came and went with virtually no computer problems to speak of, BMC was left facing a morning after. Organizations that had bought and upgraded software at record levels in 1999 used their money for other purposes in 2000, and BMC sales fell drastically. In January 2000, BMC shares lost 36 percent of their value. In July, they dropped by another 50 percent. By October, the stock was selling for only $16.50 a share. BMC claimed that many of its customers were putting off new software purchases temporarily until the release of new IBM hardware at the end of 2000. Some analysts believed the problems were the aftermath of the acquisitions made in 1999. As if to belie that explanation, though, BMC continued to expand in 2000. In May, it acquired another Israeli software company, OptiSystems, for $70 million in cash. It was also in the midst of erecting two new office buildings to house its burgeoning operations in Houston.

By early 2001, although stock prices had recovered slightly, the bad year had left its mark. Just after New Year's Day, Max Watson, BMC's longtime CEO and chairman, tendered his resignation. Watson's tenure was a good one. Under him, BMC grew from 500 employees and annual sales of less than $100 million in 1987 to over 7000 workers and $1.7 billion in sales. Watson was succeeded by BMC's senior vice-president of product management and development, Robert Beauchamp, who set changes in motion immediately. In March 2001, Beauchamp oversaw the move of BMC's stock to the New York Stock Exchange from the NASDAQ, the volatile market whose reputation had suffered from the Internet stock crash of 2000. The move, it was hoped, would increase BMC's market prestige and the stability of its stock. Beauchamp also introduced a reorganization plan that divided BMC into eleven separate business units, a strategy meant to streamline the sales and marketing forces which had been split among its various divisions and subsidiaries. Over the course of the year, BMC trimmed its workforce, eliminating mainly contract positions.

In November 2002, BMC spent $355 million in cash to purchase the Remedy Software assets of Peregrine Systems, Inc., which was going into bankruptcy. Peregrine was the company started by BMC's founder John Moores shortly after he left in the early 1990s. BMC was on an upswing as the 2002 fiscal year ended, posting profits in the second and fourth quarters. It was not enough to bring the company into the black for the entire year, however. Revenues dropped from $1.5 billion to $1.28 billion, while the firm's operating income fell from a $8.5 million loss in 2001 to a loss of $283.6 million in 2002. Net earnings also fell sharply, from $42.4 million in 2001 to a loss of $184.1 million the following year. Nevertheless, the gloomy financial results did not stop BMC from pursuing new acquisitions. In March 2003, it purchased Belgium's IT Masters, a developer and producer of computer systems management software, for $42 million.

Principal Subsidiaries

BMC Software India Private Limited (India); BMC Software Israel Ltd. (Israel); Evity, Inc.; New Dimension Software, Inc.; OptiSystems Solutions Ltd. (Israel).

Principal Competitors

International Business Machines Corporation; Computer Associates International, Inc.; Compuware Corporation; Network Associates Inc.; Hewlett-Packard Company.

Further Reading

Barnett, John, "More Houston Companies Get Wall Street Backing," Houston Chronicle, September 24, 1989.

Bivins, Ralph, "As BMC Grows, Others Join In," Houston Chronicle, August 30, 2000.

"BMC Software Files to Offer Initial 3 Million Common Shrs," Dow Jones News Service, July 18, 1988.

Boisseau, Charles, "BMC's Chairman Retiring--Founder, 47, Turns to Philanthropy," Houston Chronicle, January 21, 1992.

------, "BMC's Roller Coaster Stock Races Downward," Houston Chronicle, March 5, 1993.

Boslet, Mark, "BMC Software Sees Enterprise Contracts As Big Opportunities," Dow Jones News Service, August 30, 1994.

Davis, Michael, "BMC Software Takes $94.5 Million Loss," Houston Chronicle, January 25, 2002.

Fowler, Tom, "BMC Says Earnings Far Short of Forecast, 50% Shortfall Cited for Lagging U.S. Sales," Houston Chronicle, October 5, 2000.

------, "Watson Walking Away," Houston Chronicle, January 6, 2001.

Gordon, Buzzy, "BMC Acquires OptiSystems for $70m," Jerusalem Post, May 24, 2000.

Gupta, Udayan, "As Venture Capitalist, Morby Invests More Than Money," Wall Street Journal, December 9, 1988.

Hawkins, Lori, "BMC, Breaks Out of Its Software Shell," Austin American-Statesman, May 10, 1999.

McWilliams, Gary, "BMC Software Agrees to Buy Israeli Company," Wall Street Journal, March 9, 1999.

Schlegel, Darrin, "BMC Software Credits Cost-Cutting for Profit," Houston Chronicle, October 25, 2002.

------, "New Addition at BMC Gives Lift to Profits," Houston Chronicle, January 24, 2003.

Serju-Harris, Tricia, "BMC: Casual Atmosphere, Worker Perks Cited," Houston Chronicle, August 19, 1999.

------, "BMC Software Sees Stock Plummet," Houston Chronicle, January 6, 2000.

Silverman, Dwight, "BMC Sues Ex-Employees After Defection to Rival," Houston Chronicle, September 30, 1995.

— Gerald E. Brennan


Wikipedia: BMC Software
Top
Home > Library > Miscellaneous > Wikipedia
BMC Software, Inc.
Type Public (NYSE: BMC)
Founded September 1980
Headquarters Houston, TX, USA
Key people Robert E. Beauchamp - (Chairman, President and CEO),
Stephen B. Solcher - (CFO)
Industry Enterprise software;
IT Services and Management;
Mainframe software
Products See Article
Revenue ▲ $1.87 billion USD (FY09)
Employees 5,800 (2008) [1]
Website www.bmc.com

BMC Software, Inc. is an American business software maker specializing in information technology management.[2][3][4] Headquartered in Houston, Texas, BMC develops software used for multiple functions, including data recovery and storage management, business process scheduling, service management, and application and database performance management.[5] The company has a sales force and also sells through resellers, distributors, and systems integrators earning revenue primarily from maintenance contracts, software licenses and professional services.

Employing over 6,000 employees, BMC is described as being in the Leaders Quadrant in the information technology industry and is a member of Fortune's "400 Best Big Companies" in 2009.

Contents

Overview

BMC is a large and growing Houston-based software firm.[6] Since its founding in 1980, it has grown, in part, by a systematic strategy of buying both large and small software makers in the rapidly-changing information technology management industry, particularly since the middle 1990s. [7][8] BMC software has been described by such computer industry terms as "systems management," "service management," "automation solutions," [2] "enterprise management" and "infrastructure applications". [2][9] The software runs on both mainframe computers and distributed systems. [2][4] BMC helps customers use its products by offering services such as software maintenance and integration, process design, re-engineering, and education. [2] Its customers have extensive information technology (or "IT", pronounced "eye-tee") operations and include large manufacturers, telecommunications firms, financial service firms, educational institutions, retailers, distributors, hospitals, and government agencies. [10] BMC has a sales force and also sells through resellers, distributors, and systems integrators. [10] The name "BMC" is based on the three founders—Scott Boulett, John Moores, and Dan Cloer.

Location

Image of building
"Building Four", one of several buildings in Houston, Texas owned by BMC Software.

BMC is a multinational firm operating in North America, Australia, Europe, and Asia and has multiple offices located around the world. [11] The company's international headquarters is located at 2101 CityWest Boulevard, Houston, Texas, United States, [2] in a twenty-story building built in 1993 with 475,000 square feet. [12] One source describes the elevators inside this building as "lined with the hairy hides of Texas cattle." [13]

Organization

BMC Software began as a mainframe software vendor, but since the middle 1990s has been writing software to monitor networks. It is divided into two main subgroups: [14]

  • An Enterprise Service Management segment [2] which focuses on networks, and includes BMC subgroups which it calls "Service Management," "Identity management," "Distributed Systems," "Performance Manager," and "Transaction Management" product lines. [10][15]

Sometimes a third segment is added: [10]

  • A Professional Services organization. [10]

BMC sells directly through a sales force and indirectly through channel partners which include "resellers, distributors, and systems integrators." [10]

Products

Image of Discovery Configuration
Screenshot of BMC Configuration Discovery's ability to detect bad batteries in computers

In August 2009, BMC had over 450 software applications to primarily manage mainframes and distributed systems, speed up database performance and recover computer assets. [11] Generally, the software systems are used to help information technology managers, typically in large enterprises or agencies, manage operations, make them more efficient, deal with problems, and be cost effective. For example, BMC built software programs to improve efficiency for government agencies such as New York City's Department of Information Technology and Telecommunications. The city agency "provides email, data center, network, voice and data, Citywide Service Desk and application support services for dozens of City agencies." [16] It uses BMC software to help it run effectively. BMC describes some products by the term Business Service Management software to help customers manage information technology from a business perspective. [17] BMC uses its own software for developing applications. [18]

Directors and staff

The company was founded by John Jay Moores in 1980; Moores was a "former Shell Oil computer specialist ... whose software made Shell's computers more efficient." [13]

Max Watson Jr. was chairman and chief executive officer of BMC Software from April 1990 to January 2001. [19] At one point, he was listed as one of Houston's highest paid executives; in 2000, his salary and bonus was $1.2 million. [20] In 2001, BMC had a policy of only awarding stock options once every three years. [20] But one report described Watson as earning nearly "$37 million for running the Houston company during its period of turmoil." [21]

Watson was succeeded by BMC's former senior vice president of product management and development, Robert Beauchamp (pron. "Bee-chum"). 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.[22] Beauchamp continues to be CEO and president in 2009.[23] His total compensation for 2009 is $10,902,868. [24] Beauchamp has been at BMC since 1988; in August 2009, he was 49 years old. [24] In 2001, BMC appointed the company director, Garland Cupp, to the post of chairman, succeeding Max Watson, who quit the post in January 2001. [25] "Mr. Cupp has been a director since 1989 and was chief information officer at American Express Co.'s travel-related services unit." according to BMC. [25] 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.[26][27] Some BMC employees have left the firm to begin start-up ventures. Steve Lesem and three other executives of start-up firm Mezeo.com previously worked at BMC Software. [28] BMC had 5,900 employees in December 2008, including 1,100 in Houston. [1] One source described BMC as having 6,905 employees in August, 2009. [11] BMC is a member of the S&P 500. It's symbol on the New York Stock Exchange is "BMC". [11] BMC was listed as being a member of Fortune's "400 Best Big Companies" in 2009. [29]

History

1980s

During the late 1970s, BMC Software founders Scott Boulett, John Moores, and Dan Cloer began a contract programming partnership. All three had worked at Shell Oil doing computer programming. By 1980, the company was incorporated in the state of Texas and officially became BMC Software.[30] Moores was the company's first CEO. The firm primarily wrote software for IBM mainframe computers, the industry standard at the time. Sometimes BMC wrangled with IBM about issues such as "software tie-in claims." [31]

In 1987, Moores was succeeded by Max Watson as CEO and president. In July 1988, BMC was re-incorporated in Delaware and went public with an initial public offering for BMC stock. [32][33] The first day of trading on the New York Stock Exchange with its symbol BMC was August 12, 1988.[34][35] Since then, the firm has filed quarterly and annual statements with the SEC. [32] 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. As a cost saving measure from the early days of the company sales were handled via direct mail and telemarketing. In 1991 BMC placed one quarter of pretax revenues into the budget for research and development. The employees at the headquarters in Sugar Land often wore Hawaiian shirts rather than business suits. [36]

1990s

The growing firm needed more space. In 1989 BMC leased property in Sugar Land, Texas. [37] In 1991 BMC had 640 employees with $139 million in revenues. Revenues, net earnings, and earnings per share increased approximately 50% over 1990.[36] By 1991 it had offices in several complexes in the Houston area including Stafford and Sugar Land. [38] Later in 1991 BMC announced it was building a new headquarters complex for $65 million.[39] The 20 story tower (120,000 square feet) opened in late 1993. [13][38][39][40] Incidentally, in 1991, John Moores and his wife gave $51.4 million to their alma mater, the University of Houston. [41] Greg Hassell of the Houston Chronicle stated in a 1991 article that after 11 years of growth in the company, BMC "has the soul of the little guy" and "still run like a start-up company" since it still used tactics used by smaller firms to expand. [36]

Beginning about 1994, BMC began a pattern of consistently buying both small and large software firms. From 1994 to 2009, BMC has bought approximately 32 firms. While many were acquisitions of small privately held firms with undisclosed terms of sale, there were sizeable purchases too. Most firms are American, although there have been firms from Belgium and two from Israel. 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. [42] As a result, few acquisitions were followed by substantial layoffs of redundant employees. [43] In addition, BMC made cooperative arrangements with other computer and software firms. The firm invested in research and development. [44] The firm's focus widened. In 1996, for example, it focused primarily on software for IBM mainframe computers. [45] 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. [46] In 1994, BMC made an alliance with computer maker Digital Equipment Corporation in which BMC would convert its Patrol software to run on all Digital operating system environments. In 1997, BMC bought Datatools, a privately based maker of backup and recovery products based in Sunnyvale, California, for $60 million. [47]

In 1998, BMC bought Boole & Babbage, the first software products firm in Silicon Valley,[48] which "creates software to help corporations stitch together computer networks." Estimates of the price paid varied; some suggested the price paid in the stock swap deal was $1 billion [49][50] while another estimate was more than $900 million [51] while another estimate was $877 million. [4][52] A New York Times business reporter praised the acquisition and described what software products from the two companies (BMC and Boole) do: "When they do their jobs right, products like Boole's Command Post or BMC's Patrol are invisible to end users. But they provide information systems management staff a virtual dashboard with which to monitor problems and optimize performance. In many cases, the programs can spot an error, alert network administrators to its existence and repair the problem without ever interrupting the system." [51] The reporter elaborated: "Systems management software is a broad category of programs that function behind the scenes to make sure that big mainframes and far-flung networks of distributed computers keep working reliably and efficiently", and noted that "a major corporate computing system, whether based on a traditional mainframe or spread among Unix servers, is a vastly more complex environment than a personal computer, so the products that monitor and trouble-shoot these systems must be powerful and sophisticated as well." [51] In another story, a reporter wrote: "Both companies sell software that makes computer networks run smoothly and that manages data bases on mainframe computers, but Boole & Babbage, of San Jose, Calif., gains 58 percent of its revenue from international sales, while the Houston-based BMC gets 35 percent of its revenue from such sales." [52]

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. [53][54] The Houston Chronicle wrote: "The move enabled BMC to strengthen its software offerings, which are used to monitor the health of a computer network." [54]

Acquisitions didn't necessarily mean layoffs. [43] While a common merger pattern is when "one big company buys another and the job cuts soon follow," a Houston Chronicle reporter wrote that BMC has acquired businesses with the goals of "adding new products and keeping the skilled people who create them." [43] A BMC spokesperson commented "very good technologists are very hard to find ... The value of a software company all comes back to its intellectual capital." [43]

In 1999, BMC acquired the Israeli firm New Dimension which made application service as well as management software for $673 million cash. [44][54][55] New Dimension software code handled such tasks as security, document management and job scheduling. [54] In 2000, BMC bought "an Israeli maker of enterprise application management software for mainframe computer system", named Optisystems, for $70 million.[44][56]

2000s

During these first years of the new century, BMC spent heavily on research and product development. "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. [44]

BMC was making alliances and investing in new technologies. In 2000, BMC had reportedly invested with a firm called Interliant, a Purchase, New York provider. which "rented software to corporations over the Internet." [57] The reporter explained: "By using an A.S.P. (application service provider), a business does not have to buy the programs itself, store them on servers and hard drives, or maintain and upgrade them. That allows companies to slash costs in their information technology departments... For monthly subscription fees, A.S.P.'s give businesses access to specific software programs on the Internet. Typically, the applications are used to manage a variety of important business functions, from customer service to supply chain management."[57] 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." [58] 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. [59]

In November 2002, BMC acquired Mountain View (California) based Remedy for $350 million. [50] BMC president Bob Beauchamp said "the Remedy buy will take BMC software from managing disparate IT elements to managing business services across an enterprise." [50] He elaborated: "This acquisition will change the landscape of enterprise management for BMC. Our company will move from managing IT components to managing the business itself." [50] 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. [50] Remedy had been acquired by Peregrine Systems in 2001, but in 2002, Peregrine filed for bankruptcy, so BMC bought Remedy from the bankrupt Peregrine. [60] In 2002, Remedy had sales of $250 million, with 800 employees, and 6000 customers; it is a wholly owned subsidiary of BMC. [60] The purchase had legal complications; at one point, BMC believed seven former employees of Peregrine might use their knowledge of trade secrets to develop competitive products; there were lawsuits and counterclaims involving this matter. [45]

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. [61] In 2003, BMC bought IT Masters of Belgium "for $42 million to add software for managing computer-system services"; it added 75 employees to BMC as well as customers such as Toyota Motor, Lockheed Martin and Bank of America. [62] Also in that year, BMC left the market for storage software because of a "lack of return on its investment amid intense competition from rivals like I.B.M. and Veritas Software." [61] 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." [3]

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." [63] In May 2006, BMC acquired Israel-based Identify Software. [64] BMC paid approximately $151 million. [14] "This acquisition provides solutions that optimize application development organizations through the automation of testing, support and maintenance processes and enables dramatic increases in development outputs," it said in the 10K report filed with the SEC. [14]

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." [8] 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." [65] In 2007, BMC bought RealOps, a provider of run book automation solutions. [66] The acquisition helped BMC create an "all-in-one service management solution" that "integrates diverse multi-vendor technologies" while enhancing "service availability" yet minimizing interruptions. [66] In 2007, BMC bought Emprisa Networks (based in Fairfax, Virginia) "for its network compliance, change, configuration management and automation product". [67] Analysts from Gartner Group commented: "BMC is correctly framing the Emprisa acquisition as a key step in its developing end-to-end IT service automation strategy, which leverages BMC’s strength in configuration management databases (CMDBs) and change management." [67] But analysts commented that BMC still needs: "integration with other network management disciplines where it has little or no presence" as well as a "field training plan and more field sales and technical expertise in network management" and "close cooperation with its reseller partner Entuity." [67] It paid $22 million. [42]

In 2008, BMC bought BladeLogic, a data center automation software company, for $854 million. [42][68] In the May SEC report, it said "The BladeLogic acquisition expands our offerings for server provisioning, application release management, as well as configuration automation and compliance."[42] In 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." [69][70][71] The integrated approach helps managers see their corporate information networks "from the perspective of the business" and helps them get a "comprehensive view" permitting "greater visibility and control." [69] An analyst explained: "Managing the business of IT has been a critical message in BMC Software’s Business Service Management strategy since its inception. However, the company lacked critical applications to help senior IT leadership execute on that vision. With its recent acquisition of ITM Software, BMC fills in some critical gaps in its ITRP offering." [72] Financial details were not disclosed. [73] 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.[74][75]

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. [68][76] Business analyst Richard Sherman said the alliance "raises BMC’s profile in the server automation industry" and would raise future revenues. [68] According to the article, BMC's earlier acquisition of BladeLogic in 2008 was key to the formation of the alliance with Cisco. [68] 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."[18] BMC is working with firms such as InstallFree to work on projects which "encrypts and encapsulates virtual applications." [77]

In July 2009, a business research firm named The Gartner Group described BMC as being in the Leaders Quadrant in the information technology industry; according to Gartner, BMC has a "large, satisfied installed base and a high degree of visibility in the market" and offers "highly scalable, robust applications that can prioritize events to business impact" and which has strategic vision. [78]

In August 2009, the firm speculated about the future for this business. "The current highly volatile and uncertain economic conditions globally, forecasts of contracting IT spending and the factors discussed in the preceding paragraph may adversely impact our future revenue, operating results, financial condition and cash flows. While our operating plans include continued discipline in controlling expenses and ongoing efforts to simplify processes and increase efficiencies, there can be no assurance that expense control efforts would offset such adverse conditions."[14]

Acquisitions

Date Company Business Country Value (USD) (millions) References
02009-10 October 2009 Tideway IT Dependency Mapping  United Kingdom undisclosed&Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000
02009-08 August 2009 MQSoftware Middleware and transaction management  United States $&Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000
02008-06 June 2008 ITM Software Information technology management  United States $&Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000 [69][70][72][73]
02008-04 April 2008 BladeLogic Data center automation  United States $&0000000000000854.000000854 [42][68][18]
02007-10-15 October 15, 2007 Emprisa Networks Compliance software  United States $&0000000000000022.00000022 [42][67]
02007-07 July 2007 RealOps Inc. Run book automation solutions  United States $&0000000000000054.00000054 [66][42]
02007-05 May 2007 ProactiveNet, Inc. Business service management  United States $&0000000000000041.00000041 [42][65]
02007-04 April 2007 Service Management Partners IT Information library software (ITIL)  United States undisclosed&Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000 [8]
02006-03 March 2006 Identify Software Root cause analysis, capture, and playback, Israel Israel $&0000000000000151.000000151 [11][64]
02005-08 August 2005 KMXperts  United States $&Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000 [11]
02005-03 March 2005 OpenNetwork Access to Web-based applications  United States $&0000000000000018.00000018 [11][63]
02005-01 January 2005 Calendra  United States $&Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000 [11]
02004-07 July 2004 Viadyne  United States $&Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000
02004-07 July 2004 Marimba  United States $&Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000
02004-02 February 2004 Magic Solutions, Inc. Software to log & answer customer calls  United States $&0000000000000047.00000047 [3]
02004-01 January 2004 ASA Knowledge  United States $&Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000
02003-03 March 2003 IT Masters Software for managing computer-system services Belgium $&0000000000000042.00000042 [62]
02002-11 November 2002 Remedy_Corporation Service management software maker  United States $&0000000000000355.000000355 [50]
02002-04 April 2002 Simulus Limited  United States $&Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000
02002-03 March 2002 AgentSpring  United States $&Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000
02001-02 February 2001 Perform, SA  United States $&Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000 [50]
02000-10 October 2000 Sylvain Faust, Inc.  United States $&Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000
02000-08 August 2000 OptiSystems Solutions Enterprise application management software Israel Israel $&0000000000000070.00000070 [44]
02000-04 April 2000 Evity Inc.  United States $&0000000000000067.00000067 stock + $10mil cash [44]
01999-11 November 1999 OTL Software  United States $&Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000
01999-04 April 1999 New Dimension Software Security, document management and job scheduling Israel Israel $&0000000000000673.000000673 [44][50][54][55]
01999-03 March 1999 Boole & Babbage, Inc. Systems management software  United States $&0000000000001000.0000001,000 [49][50][51]
01998-03 March 1998 BGS Systems System performance software  United States $&0000000000000285.000000285 [50][54]
01997-05 May 1997 DataTools Backup and recovery products  United States $&0000000000000060.00000060 [47][50]
01996-01 January 1996 HawkNet, Inc.  United States $&Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000
01995-11 November 1995 Peer Networks, Inc.  United States $&Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000
01994-01 January 1994 PATROL Software Data base and systems management  United States $&Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000 [50][79]

Competitors

Business analysts see BMC as a major software player in the application software industry. BMC competes against firms with large market capitalizations and resources, particularly IBM, Computer Associates, Hewlett-Packard, Sun, and Microsoft. [66][44][60] In addition, other firms have been mentioned as being competitors, such as Candle, [51] Platinum Technology, [51] Network Associates, [60] BeatBox Technologies, [64] Quest Software, [64][80] Oracle, [80] Novell, [80] Symantec, [80] Red Hat, [80] Sybase, [80] Pervasive Software, [80] and Compuware Corporation. [80] But the industry is complex and ever-changing. Sometimes BMC competes with these firms in some areas, and cooperates in others.

Application Software Industry—Major Competitors (August 2009)
Firm Market capitalization (billions) Employees Revenue Growth % Revenue (billions) Gross Margin % EBITDA (millions) Operating Margin % Net Income (millions) Price to Earnings (P/E)
BMC Software $&0000000000000006.0000006 &0000000000005800.0000005,800 &Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%".Expression error: Unrecognised punctuation character "%"3% $&0000000000000002.0000002 &Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%".Expression error: Unrecognised punctuation character "%"78% $&0000000000000609.000000609 &Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%".Expression error: Unrecognised punctuation character "%"26% $&0000000000000319.000000319 &0000000000000021.00000021
Computer Associates (CA) $&0000000000000012.00000012 &0000000000013200.00000013,200 &Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%".Expression error: Unrecognised punctuation character "%"-3% $&0000000000000004.0000004 &Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%".Expression error: Unrecognised punctuation character "%"86% $&0000000000001390.0000001,390 &Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%".Expression error: Unrecognised punctuation character "%"29% $&0000000000000693.000000693 &0000000000000017.00000017
Hewlett Packard $&0000000000000105.000000105 &0000000000321000.000000321,000 &Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%".Expression error: Unrecognised punctuation character "%"-3% $&0000000000000118.000000118 &Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%".Expression error: Unrecognised punctuation character "%"23% $&0000000000014960.00000014,960 &Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%".Expression error: Unrecognised punctuation character "%"9% $&0000000000007710.0000007,710 &0000000000000014.00000014
IBM $&0000000000000156.000000156 &0000000000410097.000000410,097 &Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%".Expression error: Unrecognised punctuation character "%"-13% $&0000000000000097.00000097 &Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%".Expression error: Unrecognised punctuation character "%"45% $&0000000000023250.00000023,250 &Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%"Expression error: Unrecognised punctuation character "%".Expression error: Unrecognised punctuation character "%"19% $&0000000000012650.00000012,650 &0000000000000013.00000013

Note: Numbers rounded to eliminate decimals Source: Yahoo Finance. Retrieved Aug 2009. [81]

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. [44] BMC officially described its business as competitive: "There are several companies, including IBM, Computer Associates and Microsoft, as well as large computer manufacturers such as Sun and HP, which have substantially greater resources than we have, as well as the ability to develop and market enterprise management solutions similar to and competitive with the solutions offered by us. In addition, there are numerous independent software companies that compete with one or more of our software solutions. Although no company competes with us across our entire software solution line, we consider at least 60 firms to be directly competitive with one or more of our enterprise software solutions. In systems management, database management, application management, security and storage management, there are hundreds of companies whose primary business focus is on at least one but not all of these solutions. Certain of these companies have substantially larger operations than ours in these specific niches." [44]

Assets

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. 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. The license agreements under which customers use our products restrict the customer's use to its own operations and prohibit disclosure to third persons. 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. Also, notwithstanding those restrictions, it is possible for other persons to obtain copies of our products in object code form. We believe that obtaining such copies would have limited value without access to the product's source code, which we keep highly confidential. In addition, we employ protective measures such as CPU dependent passwords, expiring passwords and time-based trials." [44]

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 owns software patents. For example, BMC owns a patent for "GUI interpretation technology for client/server environment" developed by software engineers David T. Sulcer, Lawrence M. Ackner, and Donna S. 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)." [82][83]

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. [44]

Financial performance

BMC grew considerably in terms of employees, revenues, particularly in the 1990s. In the 2000s, the firm held steady despite the dot-com bubble bursting in late 2001 and the economic downturn beginning in 2008. The following table shows looks at BMC's financial performance in terms of several key measures.

BMC—Selected Annual Statistics 1994-2009 -- ($ in millions)
Year Employees Revenues Taxes Paid Net Earnings References
1994 n.a.&Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000 $&0000000000000289.000000289 $&0000000000000091.00000091 $&0000000000000056.00000056 [84]
1995 &0000000000001185.0000001,185 $&0000000000000345.000000345 $&0000000000000043.00000043 $&0000000000000078.00000078 [84][85]
1996 &0000000000001444.0000001,444 $&0000000000000429.000000429 $&0000000000000057.00000057 $&0000000000000106.000000106 [45][84]
1997 &0000000000001813.0000001,813 $&0000000000000792.000000792 $&0000000000000085.00000085 $&0000000000000184.000000184 [86][87]
1998 &0000000000002777.0000002,777 $&0000000000000985.000000985 $&0000000000000105.000000105 $&0000000000000188.000000188 [51][86][88]
1999 &Expression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operatorExpression error: Unexpected / operator-1.000000 $&0000000000001304.0000001,304 $&0000000000000114.000000114 $&0000000000000363.000000363 [86]
2000 &0000000000006677.0000006,677 $&0000000000001719.0000001,719 $&0000000000000069.00000069 $&0000000000000243.000000243 [89][90]
2001 &0000000000007330.0000007,330 $&0000000000001510.0000001,510 $&0000000000000018.00000018 $&0000000000000042.00000042 [89][91]
2002 &0000000000006335.0000006,335 $&0000000000001289.0000001,289 $&-1-1-1-1-1-1-1-1-1-1-1-1-1-1-5-7.1000000-46 $&-1-1-1-1-1-1-1-1-1-1-1-1-1-2-9-5.1000000-184 [44][89]
2003 &0000000000006861.0000006,861 $&0000000000001327.0000001,327 $&0000000000000021.00000021 $&0000000000000048.00000048 [92][93]
2004 &0000000000006429.0000006,429 $&0000000000001419.0000001,419 $&-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-4.1000000-3 $&-1-1-1-1-1-1-1-1-1-1-1-1-1-1-3-8.1000000-27 [92][94]
2005 &0000000000006905.0000006,905 $&0000000000001463.0000001,463 $&0000000000000023.00000023 $&0000000000000075.00000075 [92]
2006 &0000000000006200.0000006,200 $&0000000000001498.0000001,498 $&0000000000000102.000000102 $&0000000000000102.000000102 [95][96]
2007 &0000000000006000.0000006,000 $&0000000000001580.0000001,580 $&0000000000000085.00000085 $&0000000000000216.000000216 [95][97]
2008 &0000000000005800.0000005,800 $&0000000000001732.0000001,732 $&0000000000000121.000000121 $&0000000000000314.000000314 [95]
2009 &0000000000006905.0000006,905 est. $&0000000000001872.0000001,872 est. $&0000000000000126.000000126 est. $&0000000000000238.000000238 [98]

Note: Employees = full-time as of March 31 of year

Sources: BMC's annual SEC 10-K filings: [13][99][84][85][86][87][88][89][90][91][92][93][94][95][96][97][98]

Accountants audit BMC's financial information. In 2009, BMC hired Ernst & Young LLP as independent auditors. [99]

According to BMC sources, BMC's stock was split four times (as of 2009) -- in 1990, a 3-for2 split; in 1995, a 2-for-1 split; in 1996, a 2-for-1 split; in 1998, a 2-for-1 split. [99] A second source indicates there was a stock split at a 2:1 ratio in September 1994. [100]

BMC stock in 1990 (January) was valued about $2 per share; [100][101] in December 1996 it was about $20 per share (approximately, given fluctuations); [100][101] it was about $75/share in December 1999; [100][101] from 2001 to 2005 it hovered around $15/share range; [100][101] in June 2008 it was about $37/share;[100][101] in July 2009 it is about $34/share. [100][101]

The firm has had some tough years corresponding with technology and economic downturns. In 2003, BMC cut 13% of its staff after having a $6.1 million first-quarter loss, although quarterly sales increased 1.5% to $310 million. [102] In December 2008, BMC cut 350 jobs, including 50 in Houston; before the layoffs, the firm had "about 1,100 workers in Houston and about 5,900 worldwide."[1]

The company does not pay a dividend. [99] BMC operates globally and its business is sometimes subject to currency fluctuations. Its subsidiaries use their own country's currency. BMC uses "certain derivative financial instruments" to hedge against currency changes. [44]

In an August 2009 filing with the Securities and Exchange Commission, BMC's "cash and cash equivalents end of period" was $997 million for the fiscal year ended June 30, 2009. [103] It had income of $103 million (net earnings were $82 million) and total assets were $3.6 billion. [103] In August 2009, according to data from Reuters, BMC had a market capitalization of $6.5 billion. [101] The price to earnings ratio was 20.46 (trailing) and 13.08 (forward), with a profit margin of 17%, operating margin of 26%, return on assets of 8%, and return on equity of 30%. [101]

Operations

BMC earns the largest share of revenues from maintenance contracts (54%); after this, a significant source of revenue is software licenses (38%); professional services (8%).[42] In 2009 (year ended March 31) 7% of revenues went for taxes and 15% went for research (12% + 3%).[42]

BMC Software—REVENUE SOURCES (using percentages) for the Year Ended March 31
Accounting category Description 2009 2008 2007
Revenue License 38% 37% 36%
Revenue Maintenance 54% 56% 58%
Revenue Professional Services 8% 7% 6%
Revenue Total revenue 100% 100% 100%

Source: 10K form filed with SEC in May, 2009. [42] Note: percentages rounded to the nearest whole number (may not add exactly to 100%)

Expense information is broken down. A large expenditure at BMC is for selling and marketing expenses (29% in 2009) followed by R&D expenses of 15% -- 12% plus in-process R&D of 3%.

BMC Software—EXPENSE BREAKDOWN (using percentages) for the Year Ended March 31
Accounting category Description 2009 2008 2007
Revenue Total revenue 100% 100% 100%
Operating Expenses Cost of license revenue 6% 6% 6%
Operating Expenses Cost of maintenance revenue 9% 10% 11%
Operating Expenses Cost of professional services revenue 8% 7% 6%
Operating Expenses Selling & marketing expenses 29% 31% 33%
Operating Expenses Research & development expenses 12% 12% 13%
Operating Expenses General & administrative expenses 11% 12% 13%
Operating Expenses In-process research & development 3% 0% 0%
Operating Expenses Amortization of intangible assets 2% 1% 2%
Operating Expenses Severance, exit costs & related charges 2% 1% 3%
Operating Expenses Total operating expenses 80% 79% 87%
Operating Expenses Operating income 20% 21% 13%
Other income (loss) net Interest & other income, net 1% 4% 5%
Other income (loss) net Interest expense 1% 0% 0%
Other income (loss) net Gain (loss) on sale & impairment of investments 1% 0% 1%
Other income (loss) net Total other income (loss) net 0% 4% 6%
Other income (loss) net Earnings before income taxes 19% 25% 19%
Other income (loss) net Provision for income taxes 7% 7% 5%
Other income (loss) net Net earnings 13% 18% 14%

Source: 10K form filed with SEC in May, 2009. [42] Note: percentages rounded to the nearest whole number (may not add exactly to 100%)

In addition, in 2009, the Enterprise Service management division had revenues of $986 million; the Mainframe Service management division had revenues of $741 million. These revenues combine both licenses and maintenance contracts. [42]

See also

References

  1. ^ a b c BRAD HEM (Dec. 5, 2008). "BMC Software cut 350 jobs, including 50 here". The Houston Chronicle (chron.com). http://www.chron.com/disp/story.mpl/tech/news/6149140.html. Retrieved 2009-08-10. 
  2. ^ a b c d e f g h Staff writer (August 9, 2009). "BMC Software Inc.". The New York Times. http://topics.nytimes.com/top/news/business/companies/bmc_software_inc/index.html. Retrieved 2009-08-09. 
  3. ^ a b c Staff writer (August 9, 2009). "Technology Briefing". The New York Times. http://www.nytimes.com/2003/12/16/business/technology-briefing-software-bmc-software-buying-network-associates-unit.html. Retrieved 2009-08-09. 
  4. ^ a b c "$1 Billion Acquisition Seen in Software Industry". The New York Times. November 2, 1998. http://www.nytimes.com/1998/11/02/business/business-digest-648469.html. Retrieved 2009-08-09. 
  5. ^ Yuhanna, Heffner and Schwaber (2005-03-29). "Comprehensive Database Security Requires Native DBMS Features and Third-Party Tools". Forrester Research, Inc. http://www.appsecinc.com/news/pr/Comprehensive_Database_Security_Requires_Native_DBMS_Features_And_Third-Party_Tools.pdf. Retrieved 2009-09-05. 
  6. ^ "BMC Software - Company Overview". Hoover's. http://www.hoovers.com/bmc-software/--ID__12708--/free-co-factsheet.xhtml. Retrieved 2009-09-07. 
  7. ^ "BMC Software, Inc. -- Company History". Funding Universe. http://www.fundinguniverse.com/company-histories/BMC-Software-Inc-Company-History.html. Retrieved 2009-09-07. 
  8. ^ a b c Lisa Erickson-Harris (March 6, 2008). "BMC SMPM: Bridging the Gap Between ITIL and Reality". EMA - IT Management Research, Industry Analysis and Consulting. http://www.enterprisemanagement.com/research/asset.php?id=698. Retrieved 2009-08-11. 
  9. ^ Cusumano, Kahl and Suarez. "/1710/GCSServicesvsProducts_Cusumano_Kahl_Suarez.pdf Product, Process, and Service: A New Industry Lifecycle Model". University of Oxford, Said Business School. http://www.sbs.ox.ac.uk/NR/rdonlyres/99F135D4-E982-4580-9BF0-8515C7B1D408 /1710/GCSServicesvsProducts_Cusumano_Kahl_Suarez.pdf. Retrieved 2009-09-05. 
  10. ^ a b c d e f g h "BMC SOFTWARE INC (NYSE: BMC)". Forbes / Forbes.com. 2009-08-10. http://finapps.forbes.com/finapps/BuyHoldSellAnalysis.do?tkr=BMC. Retrieved 2009-08-10. 
  11. ^ a b c d e f g h "BMC Software, Inc. (BMC)". bizjournals. 2009-08-11. http://www.bizjournals.com/gen/company.html?gcode=E2C77FE21627495D8FEB734C4CD3794E. Retrieved 2009-08-11. 
  12. ^ Lettice Stuart (April 15, 1992). "Real Estate; Office Space In Houston: Plenty of It". The New York Times. http://www.nytimes.com/1992/04/15/business/real-estate-office-space-in-houston-plenty-of-it.html. Retrieved 2009-08-09. 
  13. ^ a b c d ALLEN R. MYERSON (November 30, 1997). "A New Breed of Wildcatter for the 90's". The New York Times. http://www.nytimes.com/1997/11/30/business/a-new-breed-of-wildcatter-for-the-90-s.html?pagewanted=all. Retrieved 2009-08-09. 
  14. ^ a b c d BMC (18-May-2009). "Form 10-K for BMC SOFTWARE INC Annual Report". Yahoo Finance (SEC filings). http://biz.yahoo.com/e/090518/bmc10-k.html. Retrieved 2009-08-11. 
  15. ^ "BMC Company Profile". REUTERS. http://www.investor.reuters.wallst.com/stocks/company-profile.asp?rpc=66&ticker=BMC. Retrieved 2007-02-01. 
  16. ^ "Department of Information Technology and Telecommunications and BMC Software Announce Significant Improvements in Customer Service Delivery". Reuters. June 24, 2009. http://www.reuters.com/article/pressRelease/idUS106721+24-Jun-2009+BW20090624. Retrieved 2009-08-09. 
  17. ^ "Partners Back BSM Vision". InfoWorld. http://www.infoworld.com/archives/emailPrint.jsp?R=printThis&A=/article/03/10/15/HNbmcpartners_1.html. Retrieved 2007-02-01. 
  18. ^ a b c Business Wire News Releases (06/01/09). "BMC Software Receives CIO 100 Award for Datacenter Innovation". The Houston Chronicle (chron.com). http://markets.chron.com/chron/?GUID=9000325&Page=MEDIAVIEWER. Retrieved 2009-08-10. 
  19. ^ "Max P. Watson". Forbes / Forbes.com. August 10, 2009. http://people.forbes.com/profile/max-p-watson/38427. Retrieved 2009-08-10. 
  20. ^ a b L.M. SIXEL (May 29, 2001). "Houston's top execs in energy -- Oil and gas claims 8 of 10 highest-paid". The Houston Chronicle (chron.com). http://www.chron.com/disp/story.mpl/special/chron10001/921914.html. Retrieved 2009-08-10. 
  21. ^ BILL HENSEL JR. (June 9, 2002). "Leaner at the top -- Executives take a pay hit, but they're still raking in millions". The Houston Chronicle (chron.com). http://www.chron.com/disp/story.mpl/special/chron10002/1445169.html. Retrieved 2009-08-10. 
  22. ^ "BMC Software, Inc. -- Company History". Funding Universe. http://www.fundinguniverse.com/company-histories/BMC-Software-Inc-Company-History.html. Retrieved 2009-09-07. 
  23. ^ "BMC Software - Executives". Hoover's. http://www.hoovers.com/free/co/people.xhtml?ID=12708. Retrieved 2009-09-07. 
  24. ^ a b "Robert E. Beauchamp". Forbes / Forbes.com. 2009-08-10. http://people.forbes.com/profile/robert-e-beauchamp/12509. Retrieved 2009-08-10. 
  25. ^ a b James Connell (May 2, 2001). "Tech Brief:NEW BMC DIRECTOR". The New York Times. http://www.nytimes.com/2001/05/02/business/worldbusiness/02iht-a15.html. Retrieved 2009-08-09. 
  26. ^ "BMC - BMC Software Inc Company Profile". CNNMoney (CNNMoney.com). http://money.cnn.com/quote/snapshot/snapshot.html?symb=BMC. Retrieved 2009-09-07. 
  27. ^ "Dev Ittycheria Profile". Forbes.com. http://people.forbes.com/profile/dev-ittycheria/129957. Retrieved 2009-09-07. 
  28. ^ PURVA PATEL (2009-04-29). "Technology Marketplace matchmakers STARTUPS: Big ambitions". The Houston Chronicle (chron.com). http://www.chron.com/CDA/archives/archive.mpl?id=2009_4731548. Retrieved 2009-08-10. 
  29. ^ "BMC Software". Forbes / Forbes.com. August 10, 2009. http://www.forbes.com/lists/2009/88/bigcompanies08_BMC-Software_RIRM.html. Retrieved 2009-08-10. 
  30. ^ "BMC SOFTWARE INC (Form: 10-K, Received: 05/21/2008 17:30:22)". NASDAQ (secfilings.nasdaq.com). http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f05%2f21%2f0001362310-08-002952.html#FIS_BUSINESS. Retrieved 2009-09-07. 
  31. ^ Staff writer (June 6, 1985). "BMC-I.B.M. Suit". The New York Times / Reuters. http://www.nytimes.com/1985/06/06/business/bmc-ibm-suit.html. Retrieved 2009-08-09. 
  32. ^ a b "BMC: Stock Quote & Summary Data". NASDAQ. August 11, 2009. http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BMC&selected=BMC. Retrieved 2009-08-11. 
  33. ^ "BMC SOFTWARE INC (Form: 10-K, Received: 05/21/2008 17:30:22)". http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f05%2f21%2f0001362310-08-002952.html#FIS_BUSINESS. Retrieved 2009-09-07. 
  34. ^ "BMC Software, Inc. -- Company History". Funding Universe. http://www.fundinguniverse.com/company-histories/BMC-Software-Inc-Company-History.html. Retrieved 2009-09-07. 
  35. ^ "BMC Software - Stock Quote". Hoover's. http://www.hoovers.com/bmc-software/--ID__12708,ticker__BMC--/free-co-fin-stockquote.xhtml. Retrieved 2009-09-07. 
  36. ^ a b c Hassell, Greg. "CHRONICLE 100 / Thinking small has paid off big / After 11 years of growth, BMC Software still run like a start-up company." Houston Chronicle. Sunday July 28, 1991. Special 5. Retrieved on August 3, 2009.
  37. ^ Bivins, Ralph. "Firms move to suburbs for ritzier, roomier office space." Houston Chronicle. Thursday December 14, 1989. Business 4. Retrieved on August 2, 2009.
  38. ^ a b Bivins, Ralph. "BMC signs a big lease/Firm needs space until tower's done." Houston Chronicle. Sunday November 17, 1991. Retrieved on August 2, 2009.
  39. ^ a b Bivins, Ralph. "BMC building 20-story tower near tollway on city's west side." Houston Chronicle. Tuesday August 6, 1991. Business 1. Retrieved on August 3, 2009.
  40. ^ Bivins, Ralph. "Greenspoint ground broken for Exxon Exploration building." Houston Chronicle. Thursday December 17, 1992. Business 3. Retrieved on August 2, 2009.
  41. ^ ANTHONY DePALMA (October 30, 1991). "Wealthy Couple Repays Alma Mater: $51.4 Million to University of Houston". The New York Times. http://www.nytimes.com/1991/10/30/education/wealthy-couple-repays-alma-mater-51.4-million-to-university-of-houston.html. Retrieved 2009-08-09. 
  42. ^ a b c d e f g h i j k l m BMC (accountants report) (18-May-2009). "Form 10-K for BMC SOFTWARE INC". SEC -- Annual Report. http://biz.yahoo.com/e/090518/bmc10-k.html. Retrieved 2009-08-11. 
  43. ^ a b c d LAURA GOLDBERG (April 30, 1999). "Toward a more perfect merger". The Houston Chronicle (chron.com). http://www.chron.com/disp/story.mpl/business/100/243890.html. Retrieved 2009-08-10. 
  44. ^ a b c d e f g h i j k l m n "BMC SOFTWARE, INC. FORM 10-K". SEC filing 10K report 2002. 2002. http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=1902793-1065-331044&type=sect&TabIndex=2&companyid=348&ppu=%252fDefault.aspx%253fcompanyid%253d348%2526amp%253bformtypeID%253d7. Retrieved 2009-08-11. 
  45. ^ a b c "BMC Software - 10K filing (see Overview or Section 3)". SEC 10K filing (1996). 1996. http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=1535959-1388-220308&type=sect&TabIndex=2&companyid=348&ppu=%252fDefault.aspx%253fcompanyid%253d348%2526amp%253bformtypeID%253d7. Retrieved 2009-08-11. 
  46. ^ Staff writer (February 16, 1994). "COMPANY NEWS; BMC SOFTWARE IN A PACT WITH DIGITAL". The New York Times. http://www.nytimes.com/1994/02/16/business/company-news-bmc-software-in-a-pact-with-digital.html. Retrieved 2009-08-09. 
  47. ^ a b "BMC, EXERCISING OPTION, PAYS $60 MILLION FOR DATATOOLS". The New York Times. May 22, 1997. http://www.nytimes.com/1997/05/22/business/bmc-exercising-option-pays-60-million-for-datatools.html. Retrieved 2009-08-09. 
  48. ^ Oral history interview with Kenneth W. Kolence, Charles Babbage Institute, University of Minnesota
  49. ^ a b LAURA M. HOLSON (November 2, 1998). "BMC Is Expected to Buy Boole & Babbage". The New York Times. http://www.nytimes.com/1998/11/02/business/bmc-is-expected-to-buy-boole-babbage.html. Retrieved 2009-08-09. 
  50. ^ a b c d e f g h i j k l Denise Dubie (September 23, 2002). "BMC to acquire Remedy from bankrupt Peregrine". NetWorkWorld. http://www.networkworld.com/news/2002/0923bmcrem.html. Retrieved 2009-08-11. 
  51. ^ a b c d e f g LAWRENCE M. FISHER (November 23, 1998). "TECHNOLOGY; A Systems-Management Deal That Computes". The New York Times. http://www.nytimes.com/1998/11/23/business/technology-a-systems-management-deal-that-computes.html. Retrieved 2009-08-09. 
  52. ^ a b Staff writer (November 3, 1998). "COMPANY NEWS; BOOLE & BABBAGE SOARS ON PLANNED PURCHASE BY BMC". The New York Times. http://www.nytimes.com/1998/11/03/business/company-news-boole-babbage-soars-on-planned-purchase-by-bmc.html. Retrieved 2009-08-09. 
  53. ^ Staff writer (February 3, 1998). "COMPANY NEWS; BMC SOFTWARE TO ADD BGS SYSTEMS FOR $285 MILLION". The New York Times. http://www.nytimes.com/1998/02/03/business/company-news-bmc-software-to-add-bgs-systems-for-285-million.html. Retrieved 2009-08-09. 
  54. ^ a b c d e f Staff writer (May 18, 1999). "Rest of the top 10 -- 3. BMC Software". The Houston Chronicle (chron.com). http://www.chron.com/disp/story.mpl/business/100/255057.html. Retrieved 2009-08-10. 
  55. ^ a b Staff writer (March 9, 1999). "COMPANY NEWS; BMC SOFTWARE TO ACQUIRE NEW DIMENSION". The New York Times. http://www.nytimes.com/1999/03/09/business/company-news-bmc-software-to-acquire-new-dimension.html. 
  56. ^ Staff writer (May 24, 2000). "COMPANY NEWS; BMC SOFTWARE PURCHASING OPTISYSTEMS FOR $70 MILLION". The New York Times. http://www.nytimes.com/2000/05/24/business/company-news-bmc-software-purchasing-optisystems-for-70-million.html. Retrieved 2009-08-09. 
  57. ^ a b KATE BERRY (February 20, 2000). "INVESTING; A Software Shortcut Is Drawing Attention". The New York Times. http://www.nytimes.com/2000/02/20/business/investing-a-software-shortcut-is-drawing-attention.html?pagewanted=all. Retrieved 2009-08-09. 
  58. ^ Steve Lohr (October 31, 2001). "Technology Briefing". The New York Times. http://www.nytimes.com/2001/10/31/business/technology-briefing-software-ibm-project-draws-big-names.html. Retrieved 2009-08-09. 
  59. ^ Staff writer (October 15, 2002). "Technology Briefing". The New York Times. http://www.nytimes.com/2002/10/15/business/technology-briefing-e-commerce-bmc-will-manage-systems-at-dell.html. Retrieved 2009-08-09. 
  60. ^ a b c d Staff writer (2003). "Remedy Corporation". Funding Universe. http://www.fundinguniverse.com/company-histories/Remedy-Corporation-Company-History.html. Retrieved 2009-08-11. 
  61. ^ a b Staff writer (July 3, 2003). "Technology Briefing". The New York Times. http://www.nytimes.com/2003/07/03/business/technology-briefing-software-emc-buys-rights-to-bmc-data-storage-software.html. Retrieved 2009-08-09. 
  62. ^ a b Staff writer (March 26, 2003). "Technology Briefing". The New York Times. http://www.nytimes.com/2003/03/26/business/technology-briefing-deals-bmc-software-buys-it-masters-for-42-million.html. Retrieved 2009-08-09. 
  63. ^ a b Staff writer (March 24, 2005). "Technology Briefing". The New York Times. http://query.nytimes.com/gst/fullpage.html?res=9A05E0D6163FF937A15750C0A9639C8B63. Retrieved 2009-08-09. 
  64. ^ a b c d Jean-Pierre Garbani, Simon Yates, Thomas Powell (March 27, 2006). "BMC Software Acquires Identify Software To Reinforce Transaction Management". Forrester (market research). http://www.forrester.com/Research/Document/Excerpt/0,7211,39262,00.html. Retrieved 2009-08-11. 
  65. ^ a b NWC News Desk (May 29, 2007). "BMC Acquires ProactiveNet, Gains Analytics". Network Computing. http://www.networkcomputing.com/channels/enterpriseapps/showArticle.jhtml?articleID=199703133. Retrieved 2009-08-11. 
  66. ^ a b c d "BMC Software Acquires Run Book Automation Pioneer RealOps". BusinessWire. July 19, 2007. http://www.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20070719005500&newsLang=en. Retrieved 2009-08-11. 
  67. ^ a b c d Debra Curtis, Will Cappelli, David Williams (15 October 2007). "BMC Expands Configuration Management With Emprisa Deal". Gartner Group. http://www.gartner.com/DisplayDocument?doc_cd=152629. Retrieved 2009-08-11. 
  68. ^ a b c d e BRAD HEM (March 16, 2009). "BMC Software has big role in Cisco server foray". The Houston Chronicle (chron.com). http://www.chron.com/disp/story.mpl/headline/biz/6313640.html. Retrieved 2009-08-10. 
  69. ^ a b c "BMC Software Acquires Business Management Solutions Leader ITM Software". Reuters. June 17, 2008. http://www.reuters.com/article/pressRelease/idUS108430+17-Jun-2008+BW20080617?sp=true. Retrieved 2009-08-11. 
  70. ^ a b "ITM Software Corp.". BusinessWeek. 2009-08-11. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=2827134. Retrieved 2009-08-11. 
  71. ^ "BMC's ITM Software acquisition affects every technology silo". Network World. 2008-07-11. http://www.networkworld.com/columnists/2008/070708-emamgmt.html. Retrieved 2009-09-09. 
  72. ^ a b Dennis Gaughan (June 23, 2008). "BMC Acquires ITM Software, Takes Big Step Toward ITRP". AMR Research. http://www.amrresearch.com/Content/Search_Results.aspx?N=0&Ntk=All&Ntt=ITM%20software%20BMC&Ntx=mode+matchallpartial&Nty=1. Retrieved 2009-08-11. 
  73. ^ a b "BMC Software acquires ITM Software". Houston Business Journal. June 17, 2008. http://houston.bizjournals.com/houston/stories/2008/06/16/daily17.html. Retrieved 2009-08-11. 
  74. ^ Business Wire News Releases (08/10/09). "BMC Software Acquires MQSoftware". The Houston Chronicle (chron.com). http://markets.chron.com/chron/?GUID=9696956&Page=MediaViewer&Ticker=%24CHRON. Retrieved 2009-08-10. 
  75. ^ Press release (08.10.09). "BMC Software Acquires MQSoftware". Forbes / Forbes.com. http://www.forbes.com/feeds/businesswire/2009/08/10/businesswire127689791.html. Retrieved 2009-08-10. 
  76. ^ "Gathering clouds -- The takeover talks between IBM and Sun highlight a shift in the industry". The Economist. March 19, 2009. http://www.economist.com/businessfinance/displaystory.cfm?story_id=13331334. Retrieved 2009-08-10. 
  77. ^ Business Wire News Releases (August 3, 2009). "InstallFree and BMC Software are First to Deliver Complete Visibility into Virtual Application Bubbles for Accurate License and Audit Reporting". The Houston Chronicle (chron.com). http://markets.chron.com/chron/?GUID=9626412&Page=MediaViewer&Ticker=%24CHRON. Retrieved 2009-08-10. 
  78. ^ Business Wire News Releases (2009-07-30). "BMC Software Positioned in Leaders Quadrant of the 2009 IT Event Correlation and Analysis Magic Quadrant". The Houston Chronicle (chron.com). http://markets.chron.com/chron/?ChannelID=3191&GUID=9598711&Page=MediaViewer. Retrieved 2009-08-10. 
  79. ^ "Acquisition History". Houston Chronicle. http://www.chron.com/disp/story.mpl/tech/news/4490397.html. Retrieved 2007-02-01. 
  80. ^ a b c d e f g h "BMC Software, Inc. related companies". Google Finance. 2009-08-11. http://www.google.com/finance/related?q=NYSE:BMC. Retrieved 2009-08-11. 
  81. ^ Yahoo Finance (based on SEC filings) (August 12, 2009). "BMC SOFTWARE -- Direct Competitor Comparison". Yahoo finance. http://au.finance.yahoo.com/q/co?s=BMC. Retrieved 2009-08-12. 
  82. ^ {{{1}}} patent {{{2}}}
  83. ^ Sulcer, David T.; Ackner, Lawrence M.; Lowe-Cleveland, Donna S. (May 31, 2005). "Abstract -- GUI interpretation technology for client/server environment". USPTO Patent Full-Text and Image Database. http://patft.uspto.gov/netacgi/nph-Parser?Sect2=PTO1&Sect2=HITOFF&p=1&u=/netahtml/PTO/search-bool.html&r=1&f=G&l=50&d=PALL&RefSrch=yes&Query=PN/6901435. Retrieved 2009-08-14. 
  84. ^ a b c d SEC Filings 10-K (March 1996). "BMC SOFTWARE INC SEC -- 10-K CONSOLIDATED STATEMENTS OF EARNINGS". Securities & Exchange Commission via EDGAR Online. http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=1535959-131777-135518&type=sect&TabIndex=2&companyid=348&ppu=%252fDefault.aspx%253fcompanyid%253d348%2526amp%253bformtypeID%253d7. Retrieved 2009-08-12. 
  85. ^ a b SEC Filings 10-K (March 1995). "BMC SOFTWARE INC SEC -- Annual Report -- English 1995-06-31 format = text". Securities & Exchange Commission. http://quicktake.morningstar.com/StockNet/SECDocuments.aspx?Symbol=BMC&Country=USA. Retrieved 2009-08-12. 
  86. ^ a b c d SEC Filings 10-K (March 1999). "BMC SOFTWARE INC SEC -- 10-K CONSOLIDATED STATEMENTS OF EARNINGS". Securities & Exchange Commission via EDGAR Online. http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=535116-181785-187467&type=sect&TabIndex=2&companyid=348&ppu=%252fDefault.aspx%253fcompanyid%253d348%2526amp%253bformtypeID%253d7. Retrieved 2009-08-12. 
  87. ^ a b SEC Filings 10-K (March 1997). "BMC SOFTWARE INC SEC -- 10-K CONSOLIDATED STATEMENTS OF EARNINGS". Securities & Exchange Commission via EDGAR Online. http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=1223442-5585-49632&type=sect&TabIndex=2&companyid=348&ppu=%252fDefault.aspx%253fcompanyid%253d348%2526amp%253bformtypeID%253d7. Retrieved 2009-08-12. 
  88. ^ a b SEC Filings 10-K (March 1998). "BMC SOFTWARE INC SEC -- 10-K CONSOLIDATED STATEMENTS OF EARNINGS". Securities & Exchange Commission via EDGAR Online. http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=535116-181785-187467&type=sect&TabIndex=2&companyid=348&ppu=%252fDefault.aspx%253fcompanyid%253d348%2526amp%253bformtypeID%253d7. Retrieved 2009-08-12. 
  89. ^ a b c d SEC Filings 10-K (March 2002). "BMC SOFTWARE INC SEC -- 10-K CONSOLIDATED STATEMENTS OF EARNINGS". Securities & Exchange Commission via EDGAR Online. http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=1902793-181604-188703&type=sect&TabIndex=2&companyid=348&ppu=%252fDefault.aspx%253fcompanyid%253d348%2526amp%253bformtypeID%253d7. Retrieved 2009-08-12. 
  90. ^ a b SEC Filings 10-K (March 2000). "BMC SOFTWARE INC SEC -- 10-K CONSOLIDATED STATEMENTS OF EARNINGS". Securities & Exchange Commission via EDGAR Online. http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=443393-6083-58441&type=sect&TabIndex=2&companyid=348&ppu=%252fDefault.aspx%253fcompanyid%253d348%2526amp%253bformtypeID%253d7. Retrieved 2009-08-12. 
  91. ^ a b SEC Filings 10-K (March 2001). "BMC SOFTWARE INC SEC -- 10-K CONSOLIDATED STATEMENTS OF EARNINGS". Securities & Exchange Commission via EDGAR Online. http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=216672-6103-36454&type=sect&TabIndex=2&companyid=348&ppu=%252fDefault.aspx%253fcompanyid%253d348%2526amp%253bformtypeID%253d7. Retrieved 2009-08-12. 
  92. ^ a b c d SEC Filings 10-K (March 2005). "BMC SOFTWARE INC SEC -- 10-K CONSOLIDATED STATEMENTS OF EARNINGS". Securities & Exchange Commission via EDGAR Online. http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=3764332-297651-305880&type=sect&TabIndex=2&companyid=348&ppu=%252fDefault.aspx%253fcompanyid%253d348%2526amp%253bformtypeID%253d7. Retrieved 2009-08-12. 
  93. ^ a b SEC Filings 10-K (March 2003). "BMC SOFTWARE INC SEC -- 10-K CONSOLIDATED STATEMENTS OF EARNINGS". Securities & Exchange Commission via EDGAR Online. http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=2350200-6187-32740&type=sect&TabIndex=2&companyid=348&ppu=%252fDefault.aspx%253fcompanyid%253d348%2526amp%253bformtypeID%253d7. Retrieved 2009-08-12. 
  94. ^ a b SEC Filings 10-K (March 2004). "BMC SOFTWARE INC SEC -- 10-K CONSOLIDATED STATEMENTS OF EARNINGS". Securities & Exchange Commission via EDGAR Online. http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=3018542-9599-36078&type=sect&TabIndex=2&companyid=348&ppu=%252fDefault.aspx%253fcompanyid%253d348%2526amp%253bformtypeID%253d7. Retrieved 2009-08-12. 
  95. ^ a b c d SEC Filings 10-K (March 2008). "BMC SOFTWARE INC SEC -- 10-K CONSOLIDATED STATEMENTS OF EARNINGS". Securities & Exchange Commission via EDGAR Online. http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=5954133-14343-39096&type=sect&TabIndex=2&companyid=348&ppu=%252fDefault.aspx%253fcompanyid%253d348%2526amp%253bformtypeID%253d7. Retrieved 2009-08-12. 
  96. ^ a b SEC Filings 10-K (March 2006). "BMC SOFTWARE INC SEC -- 10-K CONSOLIDATED STATEMENTS OF EARNINGS". Securities & Exchange Commission via EDGAR Online. http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=4482532-12097-77255&type=sect&TabIndex=2&companyid=348&ppu=%252fDefault.aspx%253fcompanyid%253d348%2526amp%253bformtypeID%253d7. Retrieved 2009-08-12. 
  97. ^ a b SEC Filings 10-K (March 2007). "BMC SOFTWARE INC SEC -- 10-K CONSOLIDATED STATEMENTS OF EARNINGS". Securities & Exchange Commission via EDGAR Online. http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=5215853-13269-79487&type=sect&TabIndex=2&companyid=348&ppu=%252fDefault.aspx%253fcompanyid%253d348%2526amp%253bformtypeID%253d7. Retrieved 2009-08-12. 
  98. ^ a b SEC Filings 10-K (March 2009). "BMC SOFTWARE INC SEC -- 10-K CONSOLIDATED STATEMENTS OF EARNINGS". Securities & Exchange Commission via EDGAR Online. http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=6612226-238320-243528&type=sect&TabIndex=2&companyid=348&ppu=%252fDefault.aspx%253fcompanyid%253d348%2526amp%253bformtypeID%253d7. Retrieved 2009-08-12. 
  99. ^ a b c d "Stockholder Information". BMC Software. 2009-08-11. http://www.bmc.com/investors/stockholder-information. Retrieved 2009-08-11. 
  100. ^ a b c d e f g "BMC SOFTWARE INC -- Advanced chart (20 year frame; monthly; with line postings)". AOL money & finance. August 9, 2009. http://finance.aol.com/charts/bmc-software-inc/bmc/nys. Retrieved 2009-08-09. 
  101. ^ a b c d e f g h "BMC SOFTWARE INC -- Historical prices Mar 1990 to July 2009; monthly (adjusted close)". Yahoo finance based on Reuters data. August 9, 2009. http://au.finance.yahoo.com/q/hp?s=BMC&a=02&b=26&c=1990&d=07&e=10&f=2009&g=m&z=66&y=66. Retrieved 2009-08-09. 
  102. ^ Staff writer (July 29, 2003). "Technology Briefing -- Software: BMC To Cut Jobs". The New York Times. http://www.nytimes.com/2003/07/29/business/technology-briefing-software-bmc-to-cut-jobs.html. Retrieved 2009-08-09. 
  103. ^ a b BMC Software (August 5, 2009). "BMC SOFTWARE INC 10Q report". Securities and Exchange Commission (pdf file of 10Q report). http://bmcsoftwareinc.secfilings.com/secfilings.aspx. Retrieved 2009-08-09. 

External links


This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)

 
 
Learn More
Comensa (technology)
BMC (technology)
Boole & Babbage (technology)

What is BMC Patrol? Read answer...
DCM in BMC Patrol? Read answer...
What is the full form of 'BMC'? Read answer...

Help us answer these
Where is the BMC on 1998 Oldsmobile Aurora?
What is the working structre of BMC?
Where is the engine number on a bmc 3400?

Post a question - any question - to the WikiAnswers community:

 

Copyrights:

Hoover's Profile. ©2008 Hoover's, Inc. All rights reserved.  Read more
Stock Quote. © MarketWatch, Inc. 2008. All rights reserved. Subject to the Terms of Use. Designed and powered by Dow Jones Client Solutions.
MarketWatch, the MarketWatch logo, BigCharts and the BigCharts logo are registered trademarks of MarketWatch, Inc. Dow Jones is the registered trademark of Dow Jones & Company, Inc.  Read more
Company History. International Directory of Company Histories. Copyright © 2006 by The Gale Group, Inc. All rights reserved.  Read more
Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "BMC Software".  Read more