BMC Software yesterday announced plans to buy California toolmaker Boole & Babbage for $US900 million.
Systems management vendor BMC Software will issue .675 shares of common stock for each share of Boole & Babbage common stock, according to Wayne Morris, vice president of corporate marketing at BMC Software. The acquisition has received approval from Boole & Babbage's board, but regulatory and shareholder approval is still pending, Morris said.
Boole & Babbage's products will be integrated into BMC Software's, and though Boole & Babbage's San Jose headquarters will not be shut down, the company will cease to exist as a separate entity, Morris said.
The product integration will revolve around four areas: enterprise management through a single console, OS/390 management, MQ Series and storage management, according to Morris.
For example, BMC Software's Patrol and Best/1 management suites will be integrated into Boole & Babbage's Command/Post software, Morris said. The integration will let customers have a single view for multiple elements in their systems, such as the network itself, routers, satellite links, applications and databases, he said.
"We can bring all those components together," Morris said.
The acquisition is expected to close in 60 to 90 days, and BMC Software will issue a full statement about its plans for product integration 30 days after that, Morris said.