Systems management company BMC Software will buy Boole & Babbage in a deal worth $900 million (#536 million). "The merger extends BMC software's undisputed leadership in application service management across the enterprise," said Max Watson, BMC CEO. Born of the IBM mainframe market, BMC specialises in managing business critical applications and has $1.3 billion (#0.77 billion) on acquisitions in the last 18 months. Watson said this latest deal was particularly appealing as the two companies had little product crossover.
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