Arik Hesseldahl

Recent Posts by Arik Hesseldahl

Investor Group Offers $6.9 Billion to Take BMC Private

Software company BMC has agreed to be acquired by a group of four private equity firms. Together, Bain Capital, Golden Gate Capital, GIC Special Investments and Insight Venture Partners have offered to take BMC private at $46.25 a share, a deal that values the company at $6.9 billion, which amounts to a premium of less than 2 percent over BMC’s closing share price on Friday.

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First the NSA came for, well, jeez pretty much everybody’s data at this point, and I said nothing because wait how does this joke work

— Parker Higgins via Twitter