Monday, October 19, 2009

BMC Buys IT Discovery Firm

Houston-based BMC Software has acquired a developer of IT discovery solutions, Tideway Systems Limited. Financial terms of the buy were not disclosed. According to BMC, the acquisition will enhance its Business Service Management platform. Tideway's IT discovery tool is used to find and map applications, hardware, and other resources within IT organizations. BMC said it expects the transaction to close within the week. Tideway has locations in London, New York, and Switzerland.