Tuesday, June 17, 2008

BMC Software Buys Software Firm

Houston-based BMC Software announced this morning that it has acquired ITM Software, a developer of software used for managing IT finance, vendors, people, assets, and projects. Financial details of the deal were not announced. BMC said the move would strengthen the company's IT business optimization capabilities. No other details of the acquisition were announced. ITM Software was based in Santa Clara, California.