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TAMPA -- BMC Software (symbol: BMC), a Houston-based tech firm with more than $2 billion in revenues in its most recent fiscal year, recently acquired Tampa-based Numara Software. Financial terms were not disclosed.
Numara was founded in 1991, as Blue Ocean Software. Intuit paid $177 million to acquire the company in 2002, then sold it for an undisclosed price to private equity group TA Associates three years later, at which point it assumed its current moniker.
Numara serves more than 13,000 customers with its business software, a release announcing the deal explains. Dave Hansen is the company's president and CEO.
BMC says it will provide additional details about the purchase during its Feb. 1 earnings call.
BMC stock is down roughly 25% over the past year, and down 37% from its 52-week high of $56.55, which it achieved in early July.
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