Business Services Industry
TuringSMI to Acquire the BMC Remedy Division of generationE Technologies
Business Wire, May 19, 2008
Marks TuringSMI's second strategic acquisition in the North American Business Service Management market
FAREHAM, England -- TuringSMI Group Limited, a leading global provider of BMC Business Service Management solutions, today announced a definitive agreement to acquire the BMC Remedy division of generationE Technologies. It follows the earlier announcement of its intention to acquire BMC Elite Solution Partner, EMS, and caps a landmark development in TuringSMI's Business Service Management (BSM) presence in the North American market *1. Part of a global market for IT Management Software that Forrester sized in 2007 at over $15 billion in software licences and maintenance revenues.*2
The acquisition, expected to close within 45 days, will see TuringSMI take complete responsibility for generationE's extensive BMC customer base. An accredited BMC partner, generationE has excellent synergy with TuringSMI. generationE's rich experience of delivering BSM, ITIL and ITSM solutions to its BMC customers will seamlessly integrate with TuringSMI's strong BSM offering. Geographically it also complements TuringSMI's North American footprint, strengthening its presence in the Mid-West and Western states.
It provides a great opportunity for generationE's customers who will now gain access to a wealth of expertise within the TuringSMI global support network for BSM, as well as BMC domain expertise in managed services and key verticals such as telecommunications and capital markets.
"The acquisition of generationE's BMC division is part of an exciting and strategic move to further develop our leading BSM offering in North America. Combining the company's BMC expertise with our own BSM practice, will give us greater critical mass, extend our global reach and enable us to continue to meet the future needs of our customers." said Phil Brooks, chief executive officer, TuringSMI Inc.
"I have a great amount of respect for TuringSMI and am confident that the combination of generationE's talented group of Remedy professionals and TuringSMI's proven success with both clients and BMC Software will deliver superior value, more choice and continued innovation to our BMC customers. Furthermore, I feel strongly that this acquisition will create a higher-performing Remedy organisation within TuringSMI by combining consulting talent to accelerate innovation with expanded Remedy support and expertise. generationE will continue its focus on IBM Tivoli software, a space in which we retain market leadership and dominance." said Casey Kindiger, CEO of generationE.
About TuringSMI Group
Headquartered in Fareham, UK, TuringSMI Group is an ISO9001:2000 certified global leader in Business Service Management (BSM) solutions. The company also provides specific vertical market Service Management solutions to the Telecommunications and Capital Markets industries.
TuringSMI has been a BMC Remedy partner since the early nineties providing a range of professional services and support services based on BMC Remedy software. TuringSMI has since undertaken some of the largest deployments of BMC Software implementations in the world. Further information about TuringSMI can be found at http://www.turingsmi.com
About generationE Technologies
Headquartered in Oak Brook, Illinois, generationE Technologies is a premier IT professional services firm focused on IBM service management and service assurance solutions. As a full-service IBM partner, they offer the full portfolio of Tivoli solutions, as well as integration services that span from out-of-the-box implementations to full-scale deployments.
Additionally, generationE offers Tivoli-based Solution Accelerators and a portfolio of Managed Services offerings such as software support, training and administration. generationE Technologies serves customers across North America and Europe. For more information please visit: http://www.generationetech.com
*(1)See separate release: "19(th) May - TuringSMI to Acquire North American BMC Elite Partner EMS"
*(2) The IT Management Software Market, Thomas Mendel, Forrester - March 2007
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