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Note: The startup is being picked up for its Java application management knowhow.
BMC Software, the Houston-based supplier of systems management software, is acquiring Phurnace Software, a supplier of assessment tools for automated Java application deployment, for an undisclosed amount.
Phurnace uses a set of red flames as its company symbol, and it's rise has been rapid from its start as a 2006 an entry in a business plan contest at the University of Texas at Austin's McCombs School of Business. The business plan was the brainchild of MBA student Daniel Nelson and economics major Robert Reeves, who became the company founders. Their plan won first place in the contest, according to Austin American Statesman Thursday.
The firm's flagship product is Phurnace Deliver, which assesses whether the configuration...