It seems that dell were interested in quest at that time. Quest software inc has received an improved bid from dell inc to buy. Enable highperformance oracle replication and data integration. The deal will form the backbone of dell s software business and push it deeper into the highermargin enterprise market. The acquisition is core to dells vision to reduce its dependence on the personal computer market, as reuters reported today. Other deals during his tenure included quest software, secureworks. Quest toad for oracle listed as one of the top 10 products on the g2 best products for it management list. The deal will form the backbone of dells software business and push it deeper into the highermargin enterprise market. Jun 20, 2016 techcrunch has confirmed that francisco partners and elliott management have agreed to acquire dells software division.
Aug 29, 2016 quest software, one identity to operate separately from sonicwall after dell software sale. Quest software announced yesterday that it had received a superior proposal in the escalating bidding war that has been ongoing since early march. Assets dell could sell include quest software, which helps with information technology it management. Dellquest software plans layoffs and relocations source. In this video, see how quest s software, services and support address todays challenges so you can focus on tomorrows opportunities.
Dell is said to be in talks to buy quest software, which is a network security software maker. Mike dells former lieutenant leads coup attempt reuters. Dell quest, sonicwall users face another acquisition deal. Opinions expressed by forbes contributors are their own. Elliott management, francisco partners and dell issued a joint press. Increase productivity for database development and administration. The three private equity firms are vying for dell s quest software, which helps with.
Jun 20, 2016 dell is nearing the potential sale of quest software and sonicwall, and a deal andor annoucement could come as soon as this week, according to reuters. Quest which makes software to monitor the flow of data through networks have worked together since 2004 and is one of dell s top 10 partners. How to buy we can help you be a more secure, cloudbased, datadriven, mobile business with our software and hardware solutions to manage databases, data protection, endpoint protection and microsoft platforms. Quest celebrates first day of independence from dell with. Dell is an american multinational computer technology company that develops, sells, repairs. Dell software was created merging various acquisitions mainly quest software and sonicwall by dell inc. Dell has also been speaking to private equity firms about selling quest software, which helps with information technology management, as well as sonicwall, an e. Dell has confirmed plans to sell its software division, including quest software and sonicwall, as the tech giant continues to shed assets ahead of its upcoming acquisition of emc. See more in the press release or click on the page below. Dell in talks to buy quest software report technology news. Dell sheds software arm ahead of emc deal completion.
Dell is seeking to sell almost all of its software assets, including quest software, which helps with information technology management, as well. Dell is nearing the potential sale of quest software and sonicwall, and a deal andor annoucement could come as soon as this week, according to reuters. Quest software war bis zur ubernahme durch dell ein borsennotierter amerikanischer softwarehersteller mit sitz in aliso viejo, kalifornien. Mar 28, 2016 will dell sell quest software and sonicwall. Dell dipped its toe in the data protection software market in february, when it acquired lowend replication vendor appassure and made dell slightly competitive against the disk backup systems it sold bundled with symantec and compellent software. After dell softwares expected sale is completed this fall, its new privateequity owners will. Dell software was a division of dell with headquarters in round rock, texas, united states. Dell will sell its software division to private equity firm francisco partners. Business wire dell and quest software today announced they have entered into a definitive agreement for dell to acquire quest, an awardwinning it. Dell acquired in 2012 when it won a protracted bidding war for quest software, which owned a wide portfolio of systems management and. Dell software businesses sold to private equity firms. And sometimes where you are breaking glass, people dont like what you are doing. The deal comes as dell works to complete its acquisition of technology giant emc corp, a deal which is expected to close by the end of october.
Dell agrees to offload software business to elliott management. With quests netvault and vranger, dell is now a headon competitor with symantec and commvault. Both may get the boot, as dell looks to free up some cash, and make room for emc and vmware. The sale includes several of dell s highprofile acquisitions in recent years, among them the database software maker quest, network security company sonicwall, and cloud management company. Check out which companies are making headlines after the bell thursday. Dells bid to buy quest software reportedly has broken down, just more than a week after reports said the two sides were close to making a deal. The pending dell software sale potentially involves francisco partners and elliott management corp.
Dell sheds software assets with quest software and sonicwall. Was a good working environment with great coworkers, but company decided to go private and instead was acquired by dell going from 4,000 employees to quest software now owned by dell. Negotiations for dell inc to acquire quest software inc have broken off but lowerlevel representatives from both companies remain in touch, two sources familiar with the matter said. Liana baker and greg roumeliotis write the potential sale of dell s quest software and sonicwall could help dell. N on the sale of it services company perot systems. Quest software, one identity to operate separately from. Dell announced monday that it has entered into an agreement to acquire aliso viejo, calif. Jul 02, 2012 another major acquisition for dell this morning. Quest named a winner in g2s best software 2020 awards. Quest s management technologies are used by more than 100,000 companies in many industries, including healthcare. Qsft is halted on news that dell dellold will be acquiring it for. Dell is in serious discussions with several wellknown buyout firms about the possibility of their purchasing sonicwall and quest software, and with citigroup about selling perot systems in deals. In leading blackstones bid for dell, dave johnson has seated himself across. Reuters, which first broke the news, cited people familiar with the matter as its sources.
Jun 21, 2016 dell is selling off its software business, including quest software, sonicwall, and the statistica analytics platform, to private equity firms elliot management and francisco partners. Dell negotiations to buy quest software said to collapse. Dell completes acquisition of quest software aol finance. Rumors about this acquisition were first reported by reuters over night. Dell said to be talking to buyout firms, citigroup. Accelerate backup speed, reduce storage costs and use the cloud for disaster recovery. Dell no longer interested in quest software tbk consult. Reuters joshua lott washington reuters dell inc has won u.
Quest software, which develops it management and virtualization software, has been in play since at least march. Quest it management mitigate risk accelerate results. Dell s buyout talks with quest software have ended, and dell nasdaq. Dell sheds software assets with quest software and sonicwall deal. Jun 21, 2016 software business sold as dell sheds quest and sonicwall to fund emc deal. Now dell is casting aside quest, along with sonicwall, a supplier of email and content management security appliances.
Techcrunch has confirmed that francisco partners and elliott management have agreed to acquire dells software division. Breaking the quest family into its listed businesses, you can assess the impact. Babu reuters a dell computer factory in sriperumbudur taluk, india. In june 2016, dell announced the sale of their software division, which included the quest, sonicwall, and one identity businesses, to francisco partners and elliott management corporation. In leading blackstone groups 11thhour bid for dell inc, the. In addition to preparing secureworks for an ipo, dell is negotiating with private equity firms to potentially sell sonicwall, quest software andor perot systems, according to reuters. Quest acquisition bolsters dell backup software portfolio. Quest software, one identity to operate separately from sonicwall after dell software sale. Since then, however, things have cooled on the dell front and reuters now reports that dell is no longer interested in acquiring quest. No matter your platform, quest has a solution that fits. Now dell is casting aside quest, along with sonicwall, a supplier of e. Jul 02, 2012 its officialthis morning dell announced its intent to acquire quest software.
Michael dells former lieutenant leads coup attempt livemint. After dell software s expected sale is completed this fall, its new privateequity owners will. Dell sheds software assets with quest software and. Elliott management, francisco partners and dell issued a joint press release confirming the acquisition this morning. A company logo of dell is seen on the cover of its laptop at a dell outlet in hong kong october october 21, 2009. Dell dellold is set to announce as soon as this morning that its. Dell emc blijft ook wereldwijd sonicwall producten aanbieden via het portfolio enterprise infrastructuursoftware en randapparatuur. In 2010, dell acquired kace networks and in 2012 it acquired quest software, which, along with kace networks and sonicwall, became part of. Terms of the deal will see the combined entity take control of both quest software and. Japans ntt data agrees to buy dells it services unit for. Oct 18, 2016 dellquest software plans layoffs and relocations source some products may go, too, once private equiteers take over by simon sharwood 18 oct 2016 at 07.
Software business sold as dell sheds quest and sonicwall. Activist investor elliott put significant pressure on emc to break up its. N is advising dell on their potential sale, the people added. Dec 02, 2015 liana baker and greg roumeliotis write the potential sale of dells quest software and sonicwall could help dell. Dell wins us antitrust approval to buy quest software. Dell is in the process of selling off its software groups security, data analytics, and systems and information management solutions to private equity firm francisco partners and hedge fund operator elliott management. Software business sold as dell sheds quest and sonicwall to. Jul 02, 2012 adds quest software, everbank, consol energy. Sep 28, 2012 dell completes acquisition of quest software quest software s extensive it management offerings expand and strengthen dell s software portfolio quest enables it organizations to. Dell has also been speaking to private equity firms about selling quest software, which helps with information technology management, as well. Onagain, offagain talks between dell and quest had broken off last. Dell shares are tanking in premarket trading on wednesday as investors digested the companys secondquarter results and weak guidance. It includes the presentation that was used for this mornings conference call and more.
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