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BMC Software
BMC Software, Inc. is an American multinational information technology (IT) services and consulting, and enterprise software company. In 2025, the company's Helix product was spun off into the independent IT service and operations-focused company BMC Helix. Both companies are owned by KKR and based in Houston, Texas.
The company was founded in Houston, Texas, by former Shell employees Scott Boulette, John Moores, and Dan Cloer, whose surname initials were adopted as the company name BMC Software. Moores was the company's first CEO. Initially, the firm primarily wrote software for IBM mainframe computers, the industry standard at the time.
In 1987, Moores was succeeded by Richard A. Hosley II as CEO and President. In July 1988, BMC was re-incorporated in Delaware and went public with an initial public offering for BMC stock. The first day of trading was August 12, 1988. BMC stock was originally traded on the Nasdaq under the symbol BMCS and later on the New York Stock Exchange with symbol BMC.
Hosley was succeeded by Max Watson Jr. in April 1990. Watson Jr. was chairman and CEO until January 2001. After Watson resigned, BMC appointed the company director, Garland Cupp, as chairman. Cupp was succeeded as chairman and CEO by BMC's former senior vice president of product management and development, Robert Beauchamp.[better source needed]
On April 29, 2004, BMC Software Inc. announced that it was acquiring Marimba, Inc. for $239 million in cash. Following the acquisition, BMC planned to expand its "Remedy" product line using Marimba's configuration management software.
In October 2009, BMC Software Inc. announced that it was acquiring Tideway Systems Ltd., which provides data center management software, for an undisclosed price.
In December 2016, Peter Leav succeeded Beauchamp as president and CEO. In October 2019, Ayman Sayed was named as President and CEO.
In May 2013, BMC announced that it was being acquired by a group of major private equity investment groups for $6.9 billion. The transfer was completed in September 2013 and the company is no longer publicly traded.
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BMC Software
BMC Software, Inc. is an American multinational information technology (IT) services and consulting, and enterprise software company. In 2025, the company's Helix product was spun off into the independent IT service and operations-focused company BMC Helix. Both companies are owned by KKR and based in Houston, Texas.
The company was founded in Houston, Texas, by former Shell employees Scott Boulette, John Moores, and Dan Cloer, whose surname initials were adopted as the company name BMC Software. Moores was the company's first CEO. Initially, the firm primarily wrote software for IBM mainframe computers, the industry standard at the time.
In 1987, Moores was succeeded by Richard A. Hosley II as CEO and President. In July 1988, BMC was re-incorporated in Delaware and went public with an initial public offering for BMC stock. The first day of trading was August 12, 1988. BMC stock was originally traded on the Nasdaq under the symbol BMCS and later on the New York Stock Exchange with symbol BMC.
Hosley was succeeded by Max Watson Jr. in April 1990. Watson Jr. was chairman and CEO until January 2001. After Watson resigned, BMC appointed the company director, Garland Cupp, as chairman. Cupp was succeeded as chairman and CEO by BMC's former senior vice president of product management and development, Robert Beauchamp.[better source needed]
On April 29, 2004, BMC Software Inc. announced that it was acquiring Marimba, Inc. for $239 million in cash. Following the acquisition, BMC planned to expand its "Remedy" product line using Marimba's configuration management software.
In October 2009, BMC Software Inc. announced that it was acquiring Tideway Systems Ltd., which provides data center management software, for an undisclosed price.
In December 2016, Peter Leav succeeded Beauchamp as president and CEO. In October 2019, Ayman Sayed was named as President and CEO.
In May 2013, BMC announced that it was being acquired by a group of major private equity investment groups for $6.9 billion. The transfer was completed in September 2013 and the company is no longer publicly traded.
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