Monday, October 19, 2009

BMC buys startup Tideway for component tracking tools

BMC Software said Monday it has signed a deal to buy London startup Tideway Systems, which makes software for tracking and analyzing IT system components. Terms of the deal, which is expected to be concluded this week, were not disclosed.

Tideway’s Foundation product builds a map of a company’s applications and the underlying infrastructure that supports them. Customers can use the information to spot risks, eliminate wasted resources and recover more quickly from incidents, according to the company.

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