BMC Buys OptiSystems - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

BMC Buys OptiSystems

BMC Software Inc. (stock: BMCS) announced it will buy OptiSystems Solutions Ltd. (stock: OPTL ) in order to get OptiSystems' next-generation E-business-management software for SAP R/3.

BMC will pay $10 for each OptiSystems' share, making the deal worth about $70 million as of today. The deal's expected to close by early August.

Max Watson, chairman, president, and CEO of BMC, says he pulled out the checkbook because of the large number of companies that depend on SAP R/3 and mySAP.com as the transaction backbone for their E-business systems. "I believe the market is huge. OptiSystems has built a world-class competency in R/3 management," he says.

Execs say they expect to integrate OptiSystems' products with BMC's Patrol and Mainview product lines, but wouldn't give specifics. A more detailed roadmap will be revealed within the next 30 days, they say.

Founded in 1982, OptiSystems of Israel has about 70 employees. It has sales and support operations in Germany; Naples, Fla.; and New Jersey. In 1999, the company posted $5.9 million in revenue.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
2021 State of ITOps and SecOps Report
2021 State of ITOps and SecOps Report
This new report from InformationWeek explores what we've learned over the past year, critical trends around ITOps and SecOps, and where leaders are focusing their time and efforts to support a growing digital economy. Download it today!
InformationWeek Is Getting an Upgrade!

Find out more about our plans to improve the look, functionality, and performance of the InformationWeek site in the coming months.

News
How CIO Roles Will Change: The Future of Work
Jessica Davis, Senior Editor, Enterprise Apps,  7/1/2021
Commentary
A Strategy to Aid Underserved Communities and Fill Tech Jobs
Joao-Pierre S. Ruth, Senior Writer,  7/9/2021
Slideshows
10 Ways AI and ML Are Evolving
Lisa Morgan, Freelance Writer,  6/28/2021
Register for InformationWeek Newsletters
Video
Current Issue
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll