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

  • FCW Perspectives
    human machine interface

    Your agency isn’t ready for AI

    To truly take advantage, government must retool both its data and its infrastructure.

  • Cybersecurity
    secure network (bluebay/Shutterstock.com)

    Federal CISO floats potential for new supply chain regs

    The federal government's top IT security chief and canvassed industry for feedback on how to shape new rules of the road for federal acquisition and procurement.

  • People
    DHS Secretary Kirstjen Nielsen, shown here at her Nov. 8, 2017, confirmation hearing. DHS Photo by Jetta Disco

    DHS chief Nielsen resigns

    Kirstjen Nielsen, the first Homeland Security secretary with a background in cybersecurity, is being replaced on an acting basis by the Customs and Border Protection chief. Her last day is April 10.

Stay Connected

FCW INSIDER

Sign up for our newsletter.

I agree to this site's Privacy Policy.