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| BMC Software to Acquire Identify Software Ltd. BMC Software, Inc. today announced that it has offered to acquire 100 percent of Identify Software Ltd. Under the terms of the acquisition agreement, BMC will pay approximately $150 million in cash for the shares. Why Identify? Important Customer Value: Problem resolution in the datacenter takes too long and costs too much. The addition of Identify's solutions to BMC's transaction management strategy will provide customers with deep application and problem resolution capabilities, enabling them to pinpoint the cause of transaction breakdowns. Identify's solutions have demonstrated clear and consistent customer ROI and time-to-value savings by increasing application availability and significantly reducing the cost of resolving problems. Expanded Customer Universe: Identify's customers typically are mid-size to large scale organizations in the enterprise and ISV segments that are challenged with the development, maintenance, and support of business-critical applications. Identify has more than 500 customers spanning multiple industries, including market leaders in financial services, technology, insurance, healthcare, public sector, retail, manufacturing, energy and telecommunications. Unequalled Technology Combination: Identify extends BMC's delivery of Business Service Management with new application problem resolution capabilities across heterogeneous, distributed applications in J2EE, .NET and native Windows environments. For example, Identify has the first, and only, comprehensive solution for application problem resolution across the application lifecycle, with an architecture uniquely designed from the ground up to optimize the process of resolving problems. Identify's AppSight Problem Resolution System is used by enterprises and independent software and system vendors to automate and dramatically accelerate their problem resolution processes across the application lifecycle in order to increase application availability and quality, reduce support costs, and accelerate product releases. Strong Performance: A successful, high growth company with deep domain expertise and proven year-over-year growth capability, Identify quickly expands BMC's market presence, share and domain expertise in the transaction management market, which is a key area of investment for BMC. The transaction is subject to customary closing conditions. BMC expects the transaction to close during the first quarter of FY2007. write your comments about the article :: © 2006 Computing News :: home page |