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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. [4] Moores served as the company's first CEO. [5] The firm primarily wrote software for IBM mainframe computers, the industry standard at the time, [6] but since ...
After filing, the company sold the Remedy division of the company to BMC Software for more than $300 million. Peregrine exited Chapter 11 reorganization in August 2003, and the president and CEO, Gary Greenfield, left the company. Retired software executive John Mutch became president and CEO in August 2003. [40]
Remedy Corporation was a software company that produced the Action Request System and various applications therein. It is one of the biggest and oldest names in ITSM software. [ 1 ] Remedy is now the Service Management Business Unit of BMC Software .
The board of BMC Software has unanimously approved a $6.9 billion buyout offer from a private investor group that includes Bain Capital, Golden State Capital, GIC Special Investments PLC, and ...
(Reuters) -A federal appeals court on Tuesday overturned a judgment requiring IBM to pay rival BMC Software $1.6 billion, after a judge found IBM improperly replaced BMC's mainframe software at AT ...
There's no foolproof way to know the future for BMC Software (NAS: BMC) or any other company. However, certain clues may help you see potential stumbles before they happen -- and before your stock ...