Tideway Systems Has Been Acquired by BMC Software

Tideway Systems Profile

  • Tideway Systems, a privately-held company based in London, was a leading provider of datacenter discovery solutions used by enterprises around the globe to cut hardware, software, people and power costs in their data center
  • The company’s flagship product, Tideway Foundation, allowed enterprises to discover and map application relationships to physical and virtual infrastructure, providing visibility into the critical dependencies between them
  • Foundation was used in the largest, most complex data centers in the world, including those of BHP-Billiton, Credit Suisse, Dow Jones, DuPont, JPMorgan Chase, Merck and Wachovia
  • Tideway was founded in 2002 and had 75 employees and was backed by Apax Partners and Scottish Equity Partners

BMC Software Profile

  • BMC Software (NASDAQ: BMC) is a leading provider of business service management software for the enterprise
  • BMC aims to manage the complete lifecycle of business services, from service definition and business prioritization through service request and support; provisioning and configuration; monitoring and operations; and planning and governance
  • The company is headquartered in Houston, Texas, and had over 6,000 employees at the time of the acquisition

Transaction Notes

  • The acquisition of Tideway Systems by BMC Sofware was announced on October 19, 2009; financial terms were not disclosed
  • The acquisition will enhance BMC’s Business Service Management platform and help organizations minimize the risks associated with business-critical initiatives such as data center consolidation, virtualization and compliance
  • Tideway’s Foundation product will be tightly integrated with BMC’s Atrium CMDB, providing Atrium with a clear understanding of infrastructure components, application dependencies and service relationships
  • The addition of Tideway technology allows BMC to offer the largest open library of predefined IT configuration discovery platforms
  • Shea & Company served as the exclusive financial advisor to Tideway Systems in the company’s sale to BMC Software
Financial terms not disclosed
has been acquired by
Shea & Company served as the exclusive financial advisor to Tideway Systems' Board of Directors and management