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BMC CEO Blasts HP Over EDS Deal

Stock quotes in this article: BMC , INTU , CRM , HPQ , EDS , IBM  

SAN FRANCISCO - The CEO of BMC Software(BMC Quote) on Thursday lambasted Hewlett-Packard's(HPQ Quote) buyout of a major software and hardware integrator, announced this week.

Rather than making nice with his prospective new client, BMC CEO Robert Beauchamp said during the company's fourth-quarter earnings conference call that H-P has "declared war" on the ecosystem of data-system suppliers and integrators by moving to acquire Electronic Data Systems(EDS Quote).

With a market cap of $7 billion, business-software supplier BMC posted annual revenue of $1.73 billion for the year just ended.

"In last 24 hours, [I] have spoken with very senior executives for the largest tech companies in the world who view" H-P's buyout of the consultant and systems integrator as a move toward becoming "a more hostile, less friendly partner," as H-P creates a mirror image of IBM's(IBM Quote) business model, Beauchamp said. ...

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