Remedy Corp

Remedy Corp

Infobox_Company
company_name = Remedy Corporation
company_
company_type = Public
foundation = 1990
location = Mountain View, California, USA
key_people = Larry Garlick, Founder & CEO
Dave Mahler, VP Marketing
Doug Mueller, Chief Architect
industry = Computer software
products = Action Request System
Flashboards
homepage = [http://www.remedy.com/ www.remedy.com] | [http://www.bmc.com/remedy/ www.bmc.com/remedy]

Remedy Corp (NASDAQ:RMDY) 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.

Company History

Remedy corp 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." [Citation
last =Barrett
first =Amy
author-link =
last2 =Weber
first2 =Joseph
author2-link =
title =HOT GROWTH COMPANIES
journal =Business Week
volume =
issue =
pages =
date =May 27
year =1996
url =http://www.businessweek.com/1996/22/b34771.htm
doi =
id =
] Competitor Peregrine Systems purchased the company for $1.2 billion in cash and stock [Citation
last =Weintraub
first =Arlene
author-link =
last2 =
first2 =
author2-link =
title =Just How Much Did John Moores Know?
journal =Business Week
volume =
issue =
pages =
date =October 14
year =2002
url =http://www.businessweek.com/magazine/content/02_41/b3803060.htm
doi =
id =
] 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. [Citation
last =U.S. SECURITIES AND EXCHANGE COMMISSION
first =
author-link =
last2 =
first2 =
author2-link =
title =Peregrine Systems Inc · 10-Q · For 6/30/03
journal =EDGAR Database
volume =
issue =SEC file 0-22209
pages =38
date =June 30
year =2003
url =http://www.secinfo.com/dVut2.1Rm6.htm
doi =
id =Accession Number 1047469-4-28361
] 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".

Company Tenets

* We own the company; we understand the business.
* Hire the best and trust them.
* Do the impossible with small teams.
* We are the customer's advocate.
* Change the rules.
* We are all sales and support people.
* Exceed expectations.
* A bias for action.

References

External links

* [http://www.remedy.com Remedy]
* [http://www.bmc.com BMC]
* [http://www.arslist.org ARSList] - an independent community of ARSystem Users
* [http://www.remedyars.com Remedy ARS] - The unofficial Remedy community about the Action Request System.


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