BMC Software Acquires Business Management Solutions Leader ITM Software

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BMC Software (NYSE: BMC) today announced that it has completed the acquisition of ITM Software.

BMC’s purchase of ITM Software creates a single, integrated solution that provides customers with a single, comprehensive view of project and service portfolios, finance, operations, resources, vendors, compliance and IT demand – all the applications an IT organization needs to run as a true business unit.

The acquisition also strengthens BMC’s capabilities in IT business optimization, providing customers with the ability to extract more value from traditional project management tools, asset data, service portfolios and budgets. to make decisions across the entire IT value chain, while ensuring good governance and ongoing compliance.

“The reliance of business on technology has helped shift the description of typical CIOs towards business people first and technologists second. Business-savvy CIOs also ask their organizations to provide them with business-focused insights to influence or shape discussions and make better decisions,” wrote Dennis Gaughan, research director for AMR Research. “By providing visibility and control over [six critical management dimensions: strategy, demand, supply, people, money and risk]IT managers can make better decisions, provide a foundation for continuous improvement, and measure the value that IT brings to the business.1

With the growing adoption of ITIL® V3, which focuses on maximizing IT value to the business and requires a service strategy approach, it is no longer enough for IT to run efficiently. It needs to work more efficiently. BMC and ITM Software’s integrated solutions address this challenge by enabling IT organizations to manage IT from a business perspective and with complete view and control over the business elements CIOs need.

“Organizations demand greater visibility and control over their most important assets, including human capital, suppliers, finances, services and projects,” said Jim Grant, senior vice president and general manager of BMC’s Enterprise Service Management organization. “By combining the approaches of BMC and ITM Software, customers will now have 100% visibility into IT spend and efficiency, compared to the 20-25% afforded by our competitors’ offerings.”

About BMC Software
BMC Software is a leading global provider of business management solutions that enable businesses to automate their IT and prove its business value. Providing business service management and service automation, BMC solutions span enterprise systems, applications, databases and service management. For the four fiscal quarters ended March 31, 2008, BMC’s revenue was approximately $1.73 billion. For more information, visit www.bmc.com.

About ITM software
ITM Software provides CIOs and IT organizations with software products and services that advance the business management of information technology. ITM Business Suite provides the visibility and control needed to make fact-based decisions about IT finances, vendors, people, assets, projects, and compliance. Comprised of former CIOs and IT managers, the ITM team provides best-practice expertise in IT enterprise management, enabling clients to reduce costs, better align IT with business goals, and deliver more commercial value. Founded in 2001, the company serves the IT organizations of Fortune 2000 companies, government agencies and universities. ITM Software is a privately held company headquartered in Santa Clara, California. For more information, visit www.itm-software.com.

Public relations contacts:

Andrea Zack | Waggener Edström | Telephone: +1 (512) 527-7013 | [email protected]

Mark Stouse | BMC Software | Phone: +1 (713) 918-2714 | [email protected]

Source:
1 AMR Research, “IT Management Landscape: Major IT Vendors Are Moving Towards IT Resource Planning Suites,” D. Gaughan, April 2008.

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