BMC

SCOTUS refuses to hear BMC's appeal and revive a $1.6B award against IBM, which was accused by BMC of poaching a client in violation of a licensing agreement

The US Supreme Court refused to revive a $1.6 billion award against International Business Machines Corp., which was accused …

KKR-owned BMC Software plans to split: BMC for enterprise mainframes and BMC Helix for enterprise software; BMC will get ~66% of BMC Software's $2.3B in revenue

Liana Baker / Bloomberg :

IBM wins a US court decision overturning $1.6B in damages to pay to BMC in 2022 for swapping in its own software while servicing AT&T, a mutual client

Sources: KKR-owned BMC Software confidentially filed for a US IPO, seeking a valuation of up to $15B; KKR acquired Houston-based BMC in 2018 for $8.3B

Bloomberg :

A federal judge rules IBM must pay $1.6B to BMC for swapping in its own software while servicing a mutual client, AT&T, violating an IBM and BMC deal from 2015

BMC to acquire its longtime mainframe software competitor Compuware from Thoma Bravo for an undisclosed sum; Thoma Bravo bought Compuware in 2014 for $2.4B

Together they plan to focus on mainframe operations, cybersecurity, application development, data, and storage.

Researchers find that weaknesses in Supermicro hardware would let an attacker leave a persistent and hidden backdoor on IBM's cloud “bare-metal” servers

Other providers of bare-metal cloud computing might also be vulnerable to BMC hack.  —  More than five years …