What does BMC Software going private mean to Remedy people?

May 6th, 2013 by Venkat No comments »

Important Update from BMC Software

 

Dear BMC Customer,

I am excited to inform you of a very positive development for BMC Software.
BMC Software announced earlier today that the company has signed a definitive agreement to be acquired by a private investor group led by Bain Capital and Golden Gate Capital together with GIC Special Investments Pte Ltd (“GICSI”) and Insight Venture Partners. The transaction will take the Company private.
We believe this important step will position us for even greater success and accelerate our ability to focus on building an even stronger future for our customers.
As a result of this transaction, BMC expects to have increased flexibility to invest more strategically to drive powerful innovation and deliver cutting edge customer solutions. Importantly, this transaction provides BMC with the potential to accelerate our customer-focused vision for our company. We are confident that this transaction will allow us to better serve you.
We expect the transaction to be completed later this year. Throughout the process, and after the close, the transaction’s impact should be seamless to you. It will have no impact on the day-to-day operations of our business. Your BMC contacts remain the same, all current contracts will be honored and there will be no change in how we conduct our business with you.
As we move through this process, we will keep you informed of key developments. If you have any questions, please feel free to call your usual BMC representative.
We look forward to building upon our relationship with you and to continuing to develop the best solutions to address the IT needs within your organization.
Regards,
Kim DeCarlis
Vice President, Worldwide Marketing
BMC Software

Full Press Release – http://www.bmc.com/news/press-releases/2013/bmc-software-signs-definitive-agreement-to-be-acquired-for-4625-per-share-in-cash.html

 

 

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November 7th, 2012 by VenkatM No comments »

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