Harman Patil (Editor)

Remedy Corporation

Updated on
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Covid-19
Industry  Computer software
Founder  Larry Garlick
Parent organization  BMC Software
Website  www.remedy.com
Founded  1990
Remedy Corporation wwwsaimgscomimglibotherpagesCRM1bmcremedy
Type  Subsidiary of BMC Software
Key people  Larry Garlick, Founder & CEO Dave Mahler, VP Marketing Doug Mueller, Chief Architect
Products  Action Request System Flashboards
Headquarters  Mountain View, California, United States

Remedy Corporation was a software company that produced the Action Request System and various applications therein. Remedy is now the Service Management Business Unit of BMC Software.

History

Remedy Corporation was founded in 1990 by Larry Garlick, who was the CEO until 2001, and Dave Mahler and Doug Mueller. The company went public in 1995 and in 1996 was named by Business Week as the "Number 1 Top Hot Growth Company in America." Competitor Peregrine Systems purchased the company for $1.2 billion in cash and stock in 2001. On September 22, 2002, Peregrine and its wholly owned subsidiary, Peregrine Remedy, Inc., filed for voluntary protection under Chapter 11 of the United States Bankruptcy Code. Two months after accounting irregularities forced Peregrine Systems into bankruptcy, it sold the Remedy business unit to BMC Software. Remedy was then known as Remedy, a BMC Software Company until 2004, when it became known as the Service Management Business Unit.

References

Remedy Corporation Wikipedia


Similar Topics
Pecos Bill
Joan Benson
Chase Pittman
Topics
 
B
i
Link
H2
L