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BMC Software Has Become A Private Company

Julie BortSep 10, 2013, 22:25 IST

Wikimedia CommonsIn what seems like a big trend in the enterprise tech world, BMC Software announced today that it has sold itself to a group of private investors and is no longer a public company.

BMC Software common stock will no longer be listed for trading on NASDAQ, effective as of the close of trading today.

This news follows Monday's announcement that Carl Icahn would no longer seek to block Dell from becoming a private company, too.

BMC sold itself to a private investor group led by Bain Capital and Golden Gate Capital with participation from Insight Venture Partners, GIC Special Investments Pte Ltd, and Elliott Management Corp.