BMC to acquire BladeLogic for $800M - Lexington, MA

BladeLogic Inc. of Lexington, a leading maker of data center management software, is independent no longer, after agreeing to an $800 million acquisition by BMC Software Inc. of Houston. BMC will pay $28 per share for BladeLogic stock, about 19 percent higher than BladeLogic's Friday closing price of $23.61. Officials say the deal should be completed in 45 to 90 days, and that BladeLogic's top executives plan to stay on with the company.

http://www.bladelogic.com