Cloud Computing: Private Bankers May Move to Take Over BMC

Private equity houses KKR, TPG Capital or Bain Capital Partners may be persuaded to take BMC private.
Bloomberg says the company, which has a market cap of $6.5 billion, met with potential buyers last week. It also approached Oracle, Cisco, Dell, EMC and CA.
Bloomberg says those strategic investors are unlikely to bite because they’re not interested in BMC’s old-line mainframe software and breaking up the company would be expensive.
The Texas company also sells software for storage management, database performance and data recovery.

read more