During our call, Bob Beauchamp, Chairman and CEO, will provide an overview of the first quarter fiscal performance of both our company and business units and update you on recent initiatives. Bob will then discuss and provide an update for our expectations for fiscal before we open the call to questions. These prepared comments were previously recorded. This call is being webcast, and a complete record of the call will be made and posted to our website.
In addition to today's earnings press release, we have posted a presentation, which we will refer to at various times during the call. Both of these documents are available on our Investor Relations website at investors. Before we continue, I'd like to remind you that the statements in this discussion, including statements made during the question-and-answer session regarding BMC's future financial and operating results, particularly statements and views regarding fiscal , the development of and demand for BMC's products, BMC's operating strategies, acquisitions and other statements that are not statements of historical fact are considered forward-looking statements.
These statements are subject to numerous important factors, risks and uncertainties, which could cause actual results to differ from the results implied by these or any other forward-looking statements. Cautionary statements relative to these forward-looking statements and BMC's operating results are described in today's earnings press release and in our annual report on Form K.
All of these documents are available on our website. These forward-looking statements are made as of today based on certain expectations, and we undertake no obligation to update these forward-looking statements. I would also like to point out that the company's use of non-GAAP financial measures is explained in today's earnings press release, and a full reconciliation between non-GAAP measures and the corresponding GAAP measures is provided in the tables accompanying the press release and at investors.
Our first quarter performance was mixed. There were a number of positive aspects in the quarter. Our MSM business generated solid results in terms of total bookings margins and operating income. In our ESM business, we continue to win more cloud Software-as-a-Service and multidisciplined projects. Our data center automation and professional services areas also generated solid growth. We did, however, encounter some adverse headwinds during the quarter that impacted our performance, resulting in disappointing ESM license bookings and other key metrics.
There were 2 external economic headwinds in particular to call out. The first relates to the change in foreign currency rates since our last earnings call.
While we expected an adverse impact from a stronger dollar, the actual impact was roughly twice what we had anticipated in the quarter. The same is true for the impact of FX on license bookings. The second macro factor that worked against us in the first quarter was the weakening economic environment. We expect these 2 macro headwinds to persist throughout the remainder of the year.
Thanks, Derrick. Good afternoon, and thank you for joining us on today's call. I'm very pleased to say that BMC Software is starting out fiscal with robust year-over-year growth and a solid overall performance.
We had the highest percentage increase in total license bookings in the past six quarters. Our financial position remains strong as evidenced by our solid balance sheet. That's a snapshot of our overall performance. Given our solid first quarter results and our current outlook, we are on track to achieve our fiscal expectations. We had a number of significant wins during the quarter that demonstrated our continued strength in selling the BSM platform.
We saw multiple wins in the U. It's not only the growth in large deals, but the mix of our ESM wins that underscores our momentum. That's the fourth straight quarter in which we have seen deals in this range increase by double-digit percentage. And we also saw our average selling price continue to grow.
Looking at our global performance, we generated solid double-digit ESM license bookings growth in all major geographies. Not only did we have strong geographic performance, but we also had strong double-digit license bookings growth across all of our product disciplines within the ESM business.
Six of the top 10 license deals were multi-disciplined license transactions, while five of those included all product disciplines. This reflects the success of our ongoing realignment of our ESM sales team.
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By Rob Daniel.
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