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."[1] Competitor Peregrine Systems purchased the company for $1.2 billion in cash and stock[2] 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.[3] 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.
View Top Employees from Remedy CorporationWebsite | http://www.remedy.com |
Revenue | $289 million |
Employees | 3 (0 on RocketReach) |
Founded | 1990 |
Address | 121 W Wacker Dr Ste 2250, Chicago, Illinois 60601, US |
Phone | (312) 377-3410 |
Fax | (312) 377-3420 |
Technologies |
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Industry | Software, Software Development, Software General |
Web Rank | 7 Million |
SIC | SIC Code 737 Companies, SIC Code 73 Companies |
NAICS | NAICS Code 62 Companies, NAICS Code 33 Companies, NAICS Code 621310 Companies, NAICS Code 62131 Companies, NAICS Code 621 Companies, NAICS Code 6213 Companies |
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The Remedy Corporation annual revenue was $289 million in 2024.
Remedy Corporation is based in Chicago, Illinois.
The NAICS codes for Remedy Corporation are [62, 33, 621310, 62131, 621, 6213].
The SIC codes for Remedy Corporation are [737, 73].