New Dimension Software
Engages in the development and license of software solutions
Company Overview
Snapshot
Founded in January 1983, New Dimension Software grew to over 500 employees. The company was acquired by BMC Software in April 1999.
Business overview
New Dimension Software developed and licensed software solutions for automating enterprise production, output, and security management. The company marketed its products through direct sales and independent distributors, primarily serving North America, Mexico, and Australia within the Business Software sector, specifically focusing on enterprise solutions and software applications.
Strategic signal
New Dimension Software's acquisition by BMC Software in April 1999 for over $650 million signaled a significant consolidation within the enterprise software market. This move allowed BMC Software to expand its international sales and integrate New Dimension's network management technology, highlighting the strategic value placed on specialized software solutions for large computer networks at the time.
Log in to access full profile ›Company Intelligence Q&A
- When was New Dimension Software acquired?
- New Dimension Software was acquired by BMC Software in April 1999.
- What was the reported acquisition amount for New Dimension Software?
- New Dimension Software was acquired by BMC Software for over $650 million in April 1999, as reported by articles.latimes.com.
- What was the strategic rationale behind BMC Software's acquisition of New Dimension Software?
- The acquisition of New Dimension Software by BMC Software in March 1999 aimed to expand BMC's international sales and integrate new technology for managing large computer networks.
- What was the sentiment regarding the acquisition for New Dimension Software?
- The acquisition of New Dimension Software by BMC Software in March 1999 was viewed as growth-positive for BMC Software.
- What was the impact of the acquisition on New Dimension Software's management?
- Following the acquisition by BMC Software in April 1999, General Manager Dan Barnea expressed unhappiness with the sale, preferring to manage an Israeli company, and noted internal shareholder disputes as a business hindrance.