Dell acquired in 2012 when it won a protracted bidding war for quest software, which. Elliott management, francisco partners and dell issued a joint press. New reports suggest dell may also be looking to sell its quest software and sonicwall businesses. 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. Increase productivity for database development and administration. Software business sold as dell sheds quest and sonicwall. The company announced its buying enterprise management software maker quest software for. The company is known for toad, a product used by database professionals, in addition to other offerings for microsoft azure cloud management, software. Dell acquired quest software because no hardware vendor is surviving on the sales of hardware alonethe demand is for integrated systems. Or speak with a dell technical expert by phone or chat. This stack of software represents about 72 per cent of dells software revenues, based on the 2011 revenue stream, once the deal closes.
Whats interesting to note, though, is that i could find exactly zero references to desktop virtualization or vworkspace in any of the literature i read or phone calls that i attended, and that questions sent to quest contacts were forwarded to pr and politely deferred. Dell and quest software officially revealed what the world already knew. With quests netvault and vranger, dell is now a headon competitor with symantec and commvault. Dell and its partners see dells acquisition of quest as bringing together the. See more in the press release or click on the page below.
Dell is now an internationalclass software company, mr. Search service offerings delivered onsite or remote to best suit your needs. Dell sheds software assets with quest software and. Quest acquisition opens door for dell to focus on complete solutions, not parts. A quest software license representative will contact you within one business day. Techcrunch has confirmed that francisco partners and elliott management have agreed to acquire dells software division. Initially, when people in our space hear dell bought quest, we think, so now it will be dell vworkspace. Quest offers a broad selection of software solutions that simplify and solve the most common and challenging it problems for organizations around the globe. Matt vitale leads the data protection businesses at quest. Software business sold as dell sheds quest and sonicwall to fund emc deal. Get support for your dell product with free diagnostic tests, drivers, downloads, howto articles, videos, faqs and community forums. Elliott and private equity firm to buy dells software unit.
The companys brands include toad, kace, quest, and foglight. 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. Quest was spun off from its parent dell software group with the backing of investment firms francisco partners and elliott management for a. Dell today announced it has completed the acquisition of quest software, an awardwinning it management software provider. Previously at dell, he led sales for the global 500 business segment as well as worldwide sales for data protection software. Enable highperformance oracle replication and data integration. Dell digital delivery is an easy way to purchase and reinstall software directly from your pc with an internet connection. Our foglight support knowledge will help you maximize the return on your investment. The deal will form the backbone of dells software business and push it deeper into the highermargin enterprise market. The sale includes several of dells highprofile acquisitions in recent years, among them the database software maker quest, network security company sonicwall, and cloud management company.
Quest software has suffered a double departure at executive level, with both local and regional leaders set to exit the vendor. Dell is transforming itself, and one measure of how far dell is willing to. Elliott and private equity firm to buy dells software. Please complete the form below for licensing assistance. Named after its founder, michael dell, the company is one of the largest technological corporations in the world, employing more than 145,000 people in the u. Its officialthis morning dell announced its intent to acquire quest software. Quest celebrates first day of independence from dell with. Why dell decided to give up its questdell software division. Dell services to be sold in wake of emc acquisition it. It keeps track of your purchases and automates the installation process. Dell offers different sources for downloading bios, drivers and software applications.
Despite the bidding war, brian white, an analyst at topeka capital markets, said dell paid a reasonable price in line with street estimates of 17. The deal comes as dell works to complete its acquisition of. Dell completes acquisition of quest software aol finance. After dell softwares expected sale is completed this fall, its new privateequity owners will. Foglight solutions monitor the performance of your it resources. Reinstall your software or get the last software you just bought. Double executive departure rocks quest software arn.
Dell can use quests software and its already prominent softwarebased services to bolster its existing services built largely on the. Dell software, which includes quest, sonicwall, and statistica, is being snapped. Quest support product release notification foglight for databases 5. Dell obviously sees the importance of solidifying its it software position given how fast. 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. 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 completes acquisition of quest software quest softwares extensive it management offerings expand and strengthen dells software portfolio quest enables it organizations to. Dell had bought the company in 2012 and combined it with other acquisitions and internal assets to create dell software. Click continue to be directed to the correct support content and assistance for product. Quest acquisition opens door for dell to focus on complete. While i was there the company was bought by dell and then sold to investors, so that was a bit unnerving. 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. Quest software, also known as quest, is a privately held software company headquartered in.
Accelerate backup speed, reduce storage costs and use the cloud for disaster recovery. Quest was spun out of dell technologies in 2016 and is owned by private equity firms. 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. Quest acquisition bolsters dell backup software portfolio. Quest software was spun out of dell technologies in 2016.
Tech giant continues to sell assets ahead of its upcoming acquisition of emc. Dell sells software unit to francisco partners, elliott by. Business wiredell and quest software today announced they have entered into a definitive agreement for dell to acquire quest, an. Dell software businesses sold to private equity firms. Our full analysis of dells impending acquisition of quest.
Quest software and sonicwall are among the software assets being acquired, and both were bought by. Four years ago dell won a protracted bidding war to acquire quest software, which has a wide portfolio of systems management and migration tools, primarily for. No matter your platform, quest has a solution that fits. Dell is an american multinational computer technology company that develops, sells, repairs, and supports computers and related products and services. A corporate filing is called a foreign filing when an existing corporate entity files in a state other than the state they originally filed in. You can find online support help for quest product on an affiliate support site.
Dell and quest software today announced they have entered into a definitive agreement for dell to acquire quest, an awardwinning it management softwa. Quest it management mitigate risk accelerate results. While dell has a strong server business it is currently second in the. 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.
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