BMC to Acquire Netreo
HOUSTON , April 16, 2024 /PRNewswire/ -- BMC, a global leader in software solutions for the Autonomous Digital Enterprise, today announced the signing of a definitive agreement to acquire Netreo, the award-winning provider of smart and secure IT network and application observability solutions. With Netreo, the BMC Helix platform will provide customers with a full-stack, open observability, and AIOps solution. The deal is expected to close in the first half of 2024, subject to customary closing conditions. Financial terms of the transaction were not disclosed.
- HOUSTON , April 16, 2024 /PRNewswire/ -- BMC , a global leader in software solutions for the Autonomous Digital Enterprise , today announced the signing of a definitive agreement to acquire Netreo , the award-winning provider of smart and secure IT network and application observability solutions.
- With Netreo, the BMC Helix platform will provide customers with a full-stack, open observability, and AIOps solution.
- Netreo's OpenTelemetry-based observability, APM, and NPMD are a perfect complement to the industry recognized BMC Helix observability, AIOps, and ServiceOps solutions," said Margaret Lee, senior vice president and general manager of Digital Service and Operations Management at BMC.
- With this acquisition, BMC continues to invest in innovation – from IT operations management to service management, data and application workflow automation, and mainframe management.