Cheltenham IT service management company sells to US giant

Published by

Nicky Godding

A USA-based IT company is to buy a Cheltenham-based provider of IT Service Management.

BMC, a global leader in IT solutions for the Autonomous Digital Enterprise has signed of a definitive agreement to purchase Alderstone, with the deal expected to close in the coming months, subject to customary closing conditions. Financial terms of the transaction are not disclosed.

Expanding upon a long established partnership, BMC and Alderstone will offer powerful migration tools and services so customers can modernise their service management. Customers will be able to take advantage of the latest innovations and features with decreased risk, limited disruption, and reduced cost, time, and effort. This will give customers new ways to leverage AI with automation and data-driven decision-making in their organizations' evolution to become an Autonomous Digital Enterprise.

Ali Siddiqui, Chief Product Officer at BMC, said: "Coupling the BMC product portfolio with the consulting and migration expertise of Alderstone, we can deliver a unique and holistic solution for their cloud-based ITSM investments to achieve their individual business goals."

Steve Upton, CEO at Alderstone, said: "Over the past twelve years, we have had the incredible privilege of supporting our clients' digital transformations, and we look forward to delivering even greater value as a part of BMC."

Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe. After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts. She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.