Virtualization News Desk
Virtualization - BMC Buys BladeLogic
Putting a burr under HP's Opsware saddle, BMC Software is buying BladeLogic, the server automation company, for a pricey $800 million less BladeLogic's cash on hand. It plans to tender for BladeLogic's stock starting next week probably and pay $28 a share, roughly a 19% premium. BladeLogic indicated that BMC won its hand over rival suitors who appeared at its doorstep after BMC proposed but did not name names. Rumors had named both BMC and VMware. VMware also lost Opsware.
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