Xconomy Boston

BMC Software, Inc. Acquires BladeLogic Inc. for $800,000,000

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c8814c78-8f71-427f-b10f-b6aff7de8419&Preview=1
Date
3/17/2008
Company Name
BladeLogic Inc.
Mailing Address
10 Maguire Road Lexington, MA 02421
Company Description
BladeLogic was founded by industry veterans who understood these problems first-hand given their experience in directly managing highly complex, globally-distributed computing environments, including eleven data centers on four different continents.
Website
http://www.bladelogic.com/
Transaction Type
M&A
Transaction Amount
$800,000,000
Transaction Round
Proceeds Purposes
M&A Terms
BMC Software (NYSE: BMC) has signed a definitive agreement to purchase BladeLogic (NSDQ: BLOG), the leading and fastest growing data center automation company, for $28.00 in cash per outstanding share of BladeLogic common stock or approximately $800 million, net of cash acquired.