BMC acquires New Dimension

BMC Software Inc. today announced plans to buy New Dimension Software Inc.,a maker of systems management software, including job scheduling and reportmanagement programs.

BMC officials said it will pay $650 million in cash for New DimensionSoftware, a 16-year-old company based in Tel Aviv, Israel, with 1998revenue of $93 million. About 15 percent of that figure is attributable tobusiness with the federal government, according to Gary Liebowitz, vicepresident of marketing.

Wayne Morris, vice president of corporate marketing for BMC, said theHouston-based company's acquisition of Boole&Babbage Inc., announced fourmonths ago, is expected to be approved at a shareholders meeting March 30.The two acquisitions will increase BMC's annual revenue to $1.4 billion,and it will have about 5,000 employees in 26 countries.

Featured

  • Telecommunications
    Stock photo ID: 658810513 By asharkyu

    GSA extends EIS deadline to 2023

    Agencies are getting up to three more years on existing telecom contracts before having to shift to the $50 billion Enterprise Infrastructure Solutions vehicle.

  • Workforce
    Shutterstock image ID: 569172169 By Zenzen

    OMB looks to retrain feds to fill cyber needs

    The federal government is taking steps to fill high-demand, skills-gap positions in tech by retraining employees already working within agencies without a cyber or IT background.

  • Acquisition
    GSA Headquarters (Photo by Rena Schild/Shutterstock)

    GSA to consolidate multiple award schedules

    The General Services Administration plans to consolidate dozens of its buying schedules across product areas including IT and services to reduce duplication.

Stay Connected

FCW Update

Sign up for our newsletter.

I agree to this site's Privacy Policy.