Dell today announced it has completed the acquisition of quest software, an awardwinning it management software provider. Quest software, one identity to operate separately from sonicwall after dell software sale. Justin stacy quest software specialist dell linkedin. Quests family of software solutions and key technologies are strongly aligned with dells software strategy. The deal will form the backbone of dells software business and push it deeper into the highermargin enterprise market. The acquisition provides critical components to expand dells software capabilities in systems management, security, data protection and workspace management. Sonicwall still operates as a subsidiary of dell, while appassure and quest software were integrated with.
Software business sold as dell sheds quest and sonicwall to. Dell is now an internationalclass software company. Quest software has acquired changebase, the privately held software provider of aok, a software compatibility tool changebase specialises in automated application analysis, remediation and. In a move that further diversifies its offerings, dell announced today that it will acquire quest software, a maker of enterprise management. The company is known for toad, a product used by database professionals, in addition to other offerings for microsoft azure cloud management, software as a service, security, workforce mobility, datadriven insight, and backup and recovery. 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. Under terms of the agreement, approved by the boards of directors of both companies, dell. Business wiredell and quest software today announced they have entered into a definitive agreement for dell to acquire quest, an. Such desperation on dells part to recently establish a software group to diversify its business, and now pay 50x earnings for quest software, and make it the core of its software business clearly indicates that it doesnt see its hardware business improving anytime soon. Quest offers a broad selection of software solutions that simplify and solve the most common and challenging it problems for organizations around the globe.
Dell, looking to expand beyond its business of selling personal computers, announced on monday that it would buy quest. With quest, dell can provide a bundled offering for software applications in a very seamless way. Dell announced it has completed the acquisition of quest software, an it management software provider. With the acquisition of a management software company, dell is trying to position itself as a vendor for businesses that are trying to build and manage their own data centers, whether on site or in the cloud. Dell announced monday that it has entered into an agreement to acquire aliso viejo, calif. Business wire dell and quest software today announced they have entered into a definitive agreement for dell to acquire quest, an awardwinning it. For dell, grabbing quest would greatly enhance its recently formed software business headed by its newly minted president john swainson, the former ceo of ca and longtime head of ibms software group. Jul 02, 2012 dell dell and quest software qsft have entered into a definitive agreement for dell to acquire quest. On friday september 28, 2012, dell announced to have completed the acquisition of quest software. Enstratius is available as softwareasaservice or as onpremise software that enables full control from within a customers data center, or via a hosted service.
In the end, dell played a patient game of catandmouse with the other quest bidders. Sep 28, 2012 if you havent already heard, i am excited to announce that dell has completed the acquisition of quest. The acquisition of enstratius further enhances dells endtoend solutions strategy bringing key capabilities to deliver cloud management products to our customers. Dell completes quest acquisition in enterprise software push. Jul 02, 2012 its officialthis morning dell announced its intent to acquire quest software update. Dell s quest for software business could lead to acquiring quest software.
Francisco partners and elliott management to acquire the dell. Sep 28, 2012 dell today announced it has completed the acquisition of quest software, an awardwinning it management software provider. Asap software express was acquired from corporate express. Dell and quest software today announced they have entered into a definitive agreement for dell to acquire quest, an awardwinning it management software provider offering a broad selection of. Dell completes acquisition of quest software channel daily news. The close of the quest acquisition is a tremendous milestone in dell s journey to strengthen our endtoend it capabilities, empowering our customers to unlock greater value in their. Increase productivity for database development and administration.
Jun 20, 2016 techcrunch has confirmed that francisco partners and elliott management have agreed to acquire dells software division. This list of dell ownership activities delineates mergers, acquisitions, divestitures, and stakes of dell. Francisco partners, a leading technologyfocused private equity firm, and elliott management corporation today announced they have completed the previously announced acquisition of the dell software group from dell, inc. The acquisition brings new management, security, data backup and recovery solutions to the dell software portfolio.
Californian quest was founded in 1978 and it is famous for being the maker of toad tool for oracle application developers used for development and management of relational databases using sql. As a result of the closing, which was finalized on sept. Why dell decided to give up its questdell software division. Elliott management, francisco partners and dell issued a joint press. 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. Jul 02, 2012 cnet in a push to become a software player, dell won a bidding war for quest software as it aims to bolster its data center software. Quest it management mitigate risk accelerate results. Quest software, one identity to operate separately from. It would also immediately pole vault dell to the front of the line as a virtualization and cloud software leader thanks to the technologies that quest gained along the way through acquisitions of. 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.
After dell software s expected sale is completed this fall, its new privateequity owners will. Aug 29, 2016 quest software, one identity to operate separately from sonicwall after dell software sale. Quest software, also known as quest, is a privately held software company headquartered in aliso viejo, california, united states with 53 offices in 24 countries. Techcrunch has confirmed that francisco partners and elliott management have agreed to acquire dell s software division. Oct 01, 2012 dell completes quest acquisition in enterprise software push.
Dell software businesses sold to private equity firms. Enable highperformance oracle replication and data integration. Jun 21, 2016 software business sold as dell sheds quest and sonicwall to fund emc deal. The divestment includes assets dell acquired in 2012 when it won a protracted bidding war for quest software. The acquisition bolsters francisco partners and elliott managements. Francisco partners and elliott management complete acquisition of. Francisco partners and elliott managements deep passion for technology and proven track records in nurturing and building software businesses will enable dell softwares loyal base of employees to continue delivering innovation, said tom sweet, senior vice president and chief financial officer, dell.
Dell recently completed its acquisition of quest software, an it management software provider. Jul 02, 2012 another major acquisition for dell this morning. Dell recently announced the formation of its software group to build upon its existing software expertise. Quest s defender line of hardware and software tokens present an interesting adjunct, giving dell a strong authentication footprint what seems to be missing in. Those days are long since past now, as dell continues to push forward into the software business. 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. Dell wins a bidding war for quest and now builds out its software unit with an eye on everything from identity management to data center. After dell softwares expected sale is completed this fall, its new privateequity owners will. Software business sold as dell sheds quest and sonicwall to fund emc deal. No matter your platform, quest has a solution that fits. The company announced its buying enterprise management software maker quest software for. Sonicwall splits from dell to become independent security vendor. Dell completes acquisition of quest software direct2dell. The company is known for toad, a product used by database professionals, in addition to other offerings for microsoft azure cloud management, software.
Tech giant continues to sell assets ahead of its upcoming acquisition of emc. Jun 20, 2016 francisco partners and elliott managements deep passion for technology and proven track records in nurturing and building software businesses will enable dell softwares loyal base of. Appassure and quest software came with customers, patents and new products. Accelerate backup speed, reduce storage costs and use the cloud for disaster recovery. Dell computer corp acquires convergenet technologies inc 19990908. Sonicwall still operates as a subsidiary of dell, while appassure and quest. Dell completes acquisition of quest software aol finance. Dells quest for software business could lead to acquiring. Sonicwall splits from dell to become independent security.
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 finally acquires quest software storagenewsletter. One of three dell employees that commenced in b2b acquisition of commercial and sled accounts expanding over the west, midwest, and california territory in the. Quest s management technologies are used by more than 100,000 companies in many industries, including healthcare. This is an important acquisition for dell software because quest helps extend our capabilities in systems management, security and business intelligence software, and it also strengthens our ability to bring industryleading, differentiated, and easy to manage solutions to our customers. Software business sold as dell sheds quest and sonicwall. Should dell acquire quest software, it would gain a wide range of server. Cnet in a push to become a software player, dell won a bidding war for quest software as it aims to bolster its data center software. Quest software acquires software compatibility company changebase. It includes the presentation that was used for this mornings conference call and more.
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