Monday, November 26, 2012

Herndon software firm acquired - Silicon Valley / San Jose Business Journal:

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million in cash. Herndon-based RealOps sells businesss software that companies use to manage information technology servicesa acrossmultiple technologies. The purchase price was relayefd to investorsin e-mails. Houston-based BMC and RealOpd wouldn't disclose the price. of Vienna, whicb invested in RealOps, wouldn't comment on the price. Anothe venture capital firm that isan investor, Santa Calif.-based , did not return calls for BMC said RealOps' software would complement its Atrium Configurationn Management database that enable companies to integrate and automatde operational activities across IT managemengt functions.
"Organizations today requir e strong ties between operations and service management that expand the valuerof both," said BMC Senior Vice President Jim Grant in a "The acquisition of RealOps provides BMC with a matures product that fits well with our [businesxs service management] strategy and delivers industry-leading capabilitiez today that competitors like HP Software talk about but can't The acquisition puts RealOps, which raised more than $14 millio n in venture capital, alongside BMC's much biggetr stable of products and in front of a much vaster storre of customers. BMC (NYSE: BMC) generated $1.58 billion worthb of sales in the 12 months endinhgMarch 31, 2007.

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