BMC Software Enters Into Definitive Agreement to Acquire Numara Software
BMC Software (NASDAQ: BMC), the recognized leader in Business Service Management (BSM), today announced that it has entered into a definitive agreement to acquire Numara Software, a leading global provider of integrated IT management solutions for the mid-market. This strategic acquisition will further accelerate the growth of BMC's Software-as-a-Service (SaaS) business, as well as giving customers – from the largest enterprises to smallest businesses – access to IT management capabilities geared to their unique requirements, all from a single industry leader. The combined BMC and Numara product portfolio represents the industry's most comprehensive set of SaaS and on-premise IT management solutions across all business segments.
Based in Tampa, Fla., Numara currently has more than 13,000 customers worldwide for its service and asset management solutions that enable IT organizations to improve service to their end users. Numara's technology, employees, sales force and channel of more than 70 partners, bring with them proven capabilities and success in addressing the ease-of-use and rapid time-to-value requirements that are critical for small to mid-sized businesses. Numara's popular and award-winning FootPrints and Track-It! products will be offered by BMC. These products complement BMC's existing portfolio.
BMC will now offer Numara's widely installed Track-It! help desk and asset management solution for smaller organizations. These products complement BMC's market-proven solutions for large enterprises. BMC will also continue to advance its unified BSM platform, including the BMC Remedy OnDemand solution and the BMC Remedy IT Service Management Suite, the world's number one service desk solution.
The transaction, which is expected to close during BMC's fiscal fourth quarter, is subject to customary closing conditions, including regulatory approvals. Additional details of this transaction will be provided during BMC's upcoming earnings call on Feb. 1, 2012.
