It was announced in early May that systems and service management firm BMC is to return to private ownership in a $6.9bn buyout by a private equity consortium.
As the FT noted, "The deal signals growing interest in mature tech companies as targets for buyouts, thanks to their steady cash flow and the rock-bottom interest rates that have made financing easier." Dell is another example of course.
I met up with BMC’s Kim DeCarlis, CMO and Eric Blum, VP & CTO to find out where BMC sees itself in the market going forward. While there’s not much they could say about the buyout itself as it’s still going through a shareholder vote and so on, I did capture some of their views on BMC’s general direction.