software industry computer software founded 1990 ; 26 years ago 1990 headquarters mountain view california u.s. key people larry garlick founder & ceo dave mahler vp marketing doug mueller chief architect products action request system flashboards website www.remedy.com 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 . contents 1 history 2 culture 2.1 tenets 2.2 take a chance card 3 references 4 external links history edit 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 . 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 . culture edit tenets edit at remedy we have a culture that dares you to be different . we ve worked hard to build this culture ; it s one that encourages people to take the lead and gives them the tools they need to succeed . we re determined to maintain the best attributes of a small company chiefly among them our ability to act decisively and adapt to the changing needs of our customers . at the heart of our culture are some core values we call our tenets we own the company we understand the business hire the best and trust them do the impossible with small teams we are the user s advocate a bias for action change the rules we are all sales and support people exceed expectations take a chance card edit each employee was given an orange take a chance card like those included in monopoly game . the front of the card had a speech balloon added with the words remedy employee commended for taking action the back of the card had six steps for how to use the card each employee is issued one or more cards . when in doubt act if you feel you are taking a chance give your manager your take a chance card . managers are obliged to honor the take a chance card . managers choose whether to return used cards to employees to encourage more risk taking . important take a chance cards do not give anyone license to violate the law company policy or the feelings of others and does not take away accountability and responsibility of the employee references edit barrett amy ; weber joseph may 27 1996 hot growth companies business week weintraub arlene october 14 2002 just how much did john moores know business week u.s. securities and exchange commission june 30 2003 peregrine systems inc 10 q for 6 30 03 edgar database sec file 0 22209 38 accession number 1047469 4 28361 external links edit remedy it service management bmc arslist an independent community of arsystem users remedies for remedy user contributed news and information gathering site about remedy ar system . retrieved from https en.wikipedia.org w index.php title remedy corporation & oldid 733159033 categories software companies based in californiacompanies based in californiahidden categories pages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages fran ais edit links this page was last modified on 5 august 2016 at 20 08 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view