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SMALL BUSINESS
BMC Software to acquire Tideway; sum undisclosed
AP
HOUSTON -BMC Software Inc. said Monday that it had agreed to buy Tideway Systems Ltd., a privately held British company that makes "discovery" software that helps identify computing resources in data centers.
Terms were not disclosed. The deal is expected to close within a week.
Tideway's owners include venture capital firms Scottish Equity Partners, Apax Partners and Accel Partners.
Houston-based BMC makes business software.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-10-19 09:07:50
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