BMC acquires MQSoftware

BMC acquires MQSoftware

Summary: The deal sees BMC expand its offering from mainframe and systems monitoring to middleware

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TOPICS: Networking
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BMC Software on Monday said it has acquired MQSoftware in a move that will expand its offering from mainframe and systems monitoring to middleware.

Terms of the deal were not disclosed. BMC positioned the move as a natural evolution to provide monitoring from the mainframe to the middleware and all the transactions that occur in between.

BMC also noted that privately held MQSoftware was already a partner and integrated with its software. BMC said that it is aiming to reduce costs, cut downtime and improve staff productivity for its customers.

Last week, BMC reported quarterly results that were better than expected, and analysts are expecting a big second half of the year. The company reported adjusted first-quarter earnings of 59 cents a share, a dime better than Wall Street estimates. The company reported net income of $82.4m (£50m), or 44 cents a share, on revenue of $450m, up three percent from a year ago. BMC also upped its 2010 profit outlook.

Topic: Networking

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