Enterprise software company BMC on Friday announced plans to acquire software company StreamWeaver, expanding the company’s AIOps and cloud migration offerings. Financial terms of the deal were not disclosed.
BMC said in a statement that the acquisition of StreamWeaver enhances its AIOps capabilities with a “broad set of out-of-the-box data integrations built on a complementary, modern microservice-based architecture.”
According to BMC, StreamWeaver’s tools allow customers to get better forecasting of incidents and risks, improved automated remediation, and increased support for DevOps and ServiceOps.
BMC Chief Product Officer Ali Siddiqui said both companies can help organizations apply AI to use their data more efficiently and discover insights to make critical decisions quickly.
“Data is paramount when it comes to successful AIOps initiatives, and StreamWeaver’s integration capabilities allow customers to maximize the value of their BMC Helix platform by accelerating and expanding variety, diversity and the volume of data collections from their deployments, ”said Siddiqui.
Clay Roach, CEO of StreamWeaver, added that the combination of StreamWeaver’s wide range of integrations with the BMC Helix platform allows customers to bring in data from their existing tools and technology investments and also benefit from Advanced AIOps analyzes for improved isolation of root causes as well as policies. piloted automated remediation.
“With BMC’s strong commitment to advancing differentiated AIOps capabilities and creating a modern, cloud-native and consolidated platform, our choice to join forces was clear from our first conversations,” said Roach. “The StreamWeaver team and I are delighted to see this vision come together as part of BMC.”
According to the two companies, customers will be able to reduce the overall cost of integration with enterprise-grade plug-and-play capabilities for observability by connecting and streaming data between popular IT tools in near real time. .
Last year, BMC purchased Compuware with the goal of expanding the development of its mainframe technology.
