BMC Software’s $6.9 Billion Buyout Reflects Cloud Shift
Grazed from Bloomberg. Author: Aaron Ricadela & Sarah Frier.
BMC Software Inc. (BMC) agreed to be taken private in a $6.9 billion deal by Bain Capital LLC and Golden Gate Capital after struggling to compete with newcomers better equipped to handle the shift toward cloud computing. The buyout group, which includes Singapore’s GIC Special Investments Pte Ltd. and Insight Venture Partners, is taking control of BMC in the third-largest private-equity deal of 2013. The investors said yesterday that they will pay $46.25 a share in cash, a 13 percent premium to the closing price on March 4, before Bloomberg reported that BMC had drawn renewed takeover interest after failing to find an acquirer last year.
BMC, a Houston-based provider of software that keeps corporate computer networks running smoothly, gets about 40 percent of its sales from the lucrative business of managing powerful mainframe computers from International Business Machines Corp. Yet it has had a harder time keeping up with rivals in the market for server software, which is expanding as companies rely more on programs delivered over the Web, fueling demand for data centers and the technology that runs them…



Dell announced on Monday it will acquire Enstratius, an enterprise cloud management software firm, for an undisclosed amount. Founded in 2008, Enstratius offers cloud management services to hybrid and single-cloud customers as a software-as-a-service (SaaS) offering that sits either as a hosted service or within the network. By embracing a "cloud agnostic" platform, the technology works with both Dell and non-Dell customers, including OpenStack, Microsoft’s Azure, Amazon Web Services, VMware and Rackspace, just to name a few.
The Debian Project has released the finalised version 7.0 of its latest free operating system distribution, with tools to set up private clouds built into it. Code-named Wheezy, Debian 7.0 provides testing packages for the open source OpenStack cloud operating system, and also the Xen Cloud Platform enterprise server virtualisation and cloud computing platform.