On the other hand, he said, products such as Helix and TrueSIght, a tool that monitors the health and performance of an IT infrastructure, are “clearly not the cash cows, so to speak” and will no longer have revenue from the mainframe business to prop them up moving forward, so may be at risk.
The possibility could exist, said Siegfried, that BMC already has other PE buyers interested in each unit, but those buyers did not want to acquire both. He added that this theory is “totally a crapshoot on my part and I have no knowledge that will happen.”
Creation of the two organizations, BMC’s Sayed wrote, will “be done in phases, and our goal is to officially start the transition to operate as two organizations in early 2025. Our guiding principle through the process is to ensure business continuity and proceed with the best interests of our customers, partners, and employees.”
