I've got some exciting news to share with you! BMC has just completed the transaction to take our company private, and I wanted to share my excitement and address what this means.
First, and most importantly, this transaction is good news. Most things should stay the same. There will be continuity in the portfolio of solutions BMC provides and in the people within our company, from account managers and customer service representatives to the senior management team that leads BMC.
Second, the changes we will make are the ones that customers and partners have asked us to make. As a private company, we will be able to move faster as we innovate and deliver the IT management solutions customers have asked for. We will be working hard to simplify our business and become easier to do business with. In short, we want to improve every aspect of your experience with BMC.
The investor group that has taken BMC private expresses strong confidence in our business and our growth prospects: "BMC is a great company. We are looking forward to helping it grow even faster by helping BMC delight customers even more with great solutions, support and services." My team and I have been working with the investor group for several months now to prepare for this day. We share a common and compelling vision for the future. This is an exciting time for BMC, our employees, customers, and partners. I look forward to continued success together in our next chapter.
Chairman and CEO