Photo: BMC Software / Courtesy Photo
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Houston-based BMC said Monday it closed on its acquisition of one-time rival Compuware of Detroit, with the combined companies in a better position to challenge major competitors such as IBM.
The deal, announced in early March, marked the conclusion of a long courtship between the two providers of software for managing big corporate networks with many different types of computers, from PCs to mainframes. At one point in 2018, Compuware was said to be considering buying BMC. Terms were not disclosed.
BMC and Compuware had been competitors for decades. BMC was started in 1980, while Compuware launched in 1973. In recent years, the two also cooperated in selling complimentary products to their respective customers.
A BMC spokesperson would not say how many employees the combined entities have, but in March BMC listed 6,000 employees on its website. Compuware has not disclosed its number of employees. The spokesperson said that all Compuware employees would become BMC employees, but would not say if any would relocate to Houston.
BMC, which said it had $2 billion 2019 revenue, is owned by KKR, a global investment firm. Compuware was owned by Thoma Bravo, an asset managment firm.
The Compuware brand will become apart of the ZSolutions suite of products at BMC, overseen by Bill Miller, president of that group. Chris O’Malley will remain as Compuware’s chief executive, reporting to Miller.