Tampa's Numara Software purchased by Houston firm

Tampa's Numara Software becomes the latest area technology up-and-comer to be acquired with its announced sale to Houston's BMC Software, a publicly traded company with a $6 billion market value. Terms of the deal were not disclosed.

"The combined strengths of BMC and Numara will dramatically reshape the IT management market," Numara chief executive officer Dave Hansen said in a statement.

Numara currently has more than 13,000 customers worldwide for its service and asset management solutions.

The firm started in 1991 as Blue Ocean Software and was bought in 2002 for $177 million by Intuit. In December 2005, the company was renamed Numara Software when the private equity firm TA Associates purchased it from Intuit.

Tampa's Numara Software purchased by Houston firm 01/31/12 [Last modified: Tuesday, January 31, 2012 9:43pm]

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