We are delighted to announce that we are in the process of joining forces with BMC Software, a company trusted by 86% of the Forbes Global 50, delivering AI-powered software solutions that enable customers to connect their entire technology landscape. The deal is expected to close in the first half of 2024, subject to customary closing conditions.
BMC shares Netreo’s core value of customer-centricity and vision to connect observability silos and accelerate innovation across the enterprise. Combining Netreo’s products with the flagship BMC Helix platform enables holistic visibility, enhanced root cause isolation, and automated remediation – empowering you to deliver new and reliable applications and IT services.
The BMC Helix IT Operations Management portfolio is a key investment area for BMC, and customers world-wide have trusted and relied on BMC products. The BMC portfolio is complementary to Netreo’s smart and secure OpenTelemetry-based application performance management (APM), network performance monitoring and diagnostics (NPMD), and IT infrastructure management (ITIM) capabilities you currently benefit from. Together, we can empower you to adopt full-stack, open observability across your infrastructure, network, and applications. Check out BMC’s blog announcing this acquisition to learn more.
Our commitment to your customer experience remains steadfast as we join the BMC family. Throughout this transition, you can expect uninterrupted support and services – and continued focus on listening to your feedback. Please watch for future information from BMC as we seamlessly transition services into BMC.
It’s been an incredible journey. Your support has helped us achieve recognition from Inc. 5000 for seven years running as one of America’s fastest growing companies! Your feedback and partnership all these years have inspired our goal of developing a great smart and secure full-stack observability experience – and I’m excited to see this vision come to life as a part of BMC.
Thank you for your continued trust in Netreo.
All Systems Go!
Jas
Jasmin Young
CEO, Netreo
“The acquisition marks a strategic leap forward for BMC as Netreo products will accelerate our OpenTelemetry-based observability capabilities and enhance the full-stack, open BMC Helix Observability and AIOps solutions with Network Performance Monitoring and Diagnostics and application performance monitoring capabilities. The combined power of the BMC Helix platform and Netreo solutions provides IT Operations, DevOps practitioners, developers, and network teams with comprehensive insights spanning applications, infrastructure, and networks, helping them increase the overall reliability and performance.”
Margaret Lee, senior vice president and general manager of Digital Service and Operations Management at BMC. From blog post, here.
