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Announced

KKR-backed BMC Software to demerge its helix mainframe and automation business unit.

Synopsis

KKR-backed BMC Software, an information technology services company, is set to demerge its helix and mainframe and automation business unit. BMC has expanded into new areas but it never abandoned mainframe computers, technology that first entered the marketplace in the 1960s and is still used by banks and other corporations.

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