Jul 02, 2012 another major acquisition for dell this morning. Elliott management, francisco partners and dell issued a joint press. Follow the latest reuters ipsos polls on everything from politics and elections, to social issues and current events. 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. Its time to rethink systems and information management. The deal will form the backbone of dell s software business and push it deeper into the highermargin enterprise market. Partners are cheering the sonicwall deal, in particular, since that security business will be free of dell bureaucracy shedding direct sales and returning to a pure channel model. Quest software, one identity to operate separately from sonicwall after dell software sale. As a result of quest s recent divestiture from dell, quest acquired a number of products from dell. Jul 02, 2012 dell dell, fortune 500 said the company fits well with its it services unit, which is its fastestgrowing line of business.
Dell software businesses sold to private equity firms. Dell in talks to buy quest software report technology news. Uploaded on 412019, downloaded 3073 times, receiving a 79100 rating by 1166 users. Dell s chief commercial officer steve felice poses for photographs during an interview with reuters in central london march 16, 2012. Jun 20, 2016 techcrunch has confirmed that francisco partners and elliott management have agreed to acquire dells software division. Should we change that default prepopulated quest software install directory, so that the new version instead installs into our preexisting del. Dell s 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 according to reports by reuters and. Simplify it management and spend less time on it administration and more time on it innovation.
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. Its not hard to see why quest s people would be nervous. Former symantec channel chief klasie holtzhausen returns after. 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. These acquisitions happened under the leadership of dells software president, john swainson. Dell sells software assets to francisco partners, elliott management. On november 1, 2016, francisco partners and elliott management completed the purchase of dell software, and the company relaunched itself as quest software, known in the marketplace as quest. Dell sheds software assets with quest software and sonicwall deal.
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. 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. Quest software has suffered a double departure at executive level, with both local and regional leaders set to exit the vendor. Japans ntt data corp said on monday it has agreed to buy dell incs.
Reuters joshua lott washington reuters dell inc has won u. The deal involves quest software and sonicwall and could include other pieces. 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. Reuters reported on thursday that symantec had been approached by. 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. Software business sold as dell sheds quest and sonicwall. 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. 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 sheds software assets with quest software and. Quest software usb device driver for windows 7 32 bit, windows 7 64 bit, windows 10, 8, xp.
Dellquest software plans layoffs and relocations source. The acquisition is core to dells vision to reduce its dependence on the personal computer market, as reuters reported today. Quest software, one identity to operate separately from. Francisco partners and elliott management corporation have announced the completed acquisition of dell software group. Aug 29, 2016 quest software, one identity to operate separately from sonicwall after dell software sale. 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.
Jun 21, 2016 software business sold as dell sheds quest and sonicwall to fund emc deal. In 2010, dell acquired kace networks and in 2012 it acquired quest software, which, along with kace networks and sonicwall, became part of. Rumors about this acquisition were first reported by reuters over night. Dell wins us antitrust approval to buy quest software. Dell is selling the it company quest software and the.
As channele2e previously reported, quest and sonicwall are expected to have private equity owners by november 2016. After dell software s expected sale is completed this fall, its new privateequity owners will. Babu reuters a dell computer factory in sriperumbudur taluk, india. 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. Dell acquired predictive analytics software provider statsoft in march 2014. Why dell bought quest software dell acquired quest software because no hardware vendor is surviving on the sales of hardware alonethe demand is for integrated systems. 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. Quest software, which develops it management and virtualization software, has been in play since at least march. Dell confirms quest software ceos departure orange county. Dell obviously sees the importance of solidifying its it software position given how fast. Dell sells software unit to francisco partners, elliott.
Reuters 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. On june 1, 2017, one identity was announced as an independent brand, but remains part of the quest family of businesses. Quest software appoints new asian leadership the register. Quest celebrates first day of independence from dell with. Now dell is casting aside quest, along with sonicwall, a supplier of email and content management security appliances. Doodle poll software easy scheduling and more doodle. Reuters, which first broke the news, cited people familiar with the matter as its sources. Dell software was created merging various acquisitions mainly quest software and sonicwall by dell inc. Dell s finding a new home for dell services will help ease some of the financial burden of the deal with emc. Quest was spun off from its parent dell software group with the backing of investment firms francisco partners and elliott management for a. Doodle works well for finding the best time for the largest amount of people, but it is also great for oneonone meetings, or even things like location or activity. The source who spoke to reuters on monday requested anonymity because the takeover talks are private.
According to frink, that megadeal with emc is making. Software business sold as dell sheds quest and sonicwall to. 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. Jun 20, 2016 reuters buyout firm francisco partners and the private equity arm of activist hedge fund elliott management corp are in advanced talks to acquire dell incs software division for more than. The product support life cycle table above describes the phase during which products are eligible for product support and new release downloads. On november 1, 2016, the sale of dell software to francisco partners and elliott management corporation. Assets dell could sell include quest software, which helps with information technology it management. Dell acquired in 2012 when it won a protracted bidding war for quest software, which owned a wide portfolio of. The pending dell software sale potentially involves francisco partners and elliott management corp.
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. Now dell is casting aside quest, along with sonicwall, a supplier of e. Some of these legacy products found on this website may still contain dell branding. Arn can confirm that vice president and general manager of apj. Dell sheds software assets with quest software and sonicwall. Dell s buyout talks with quest software have ended, and dell nasdaq. In 2015, he left to join dell as managing director of its software business in.
A dell computer logo is seen on a laptop at best buy in phoenix, arizona, february 18, 2010. Dell can use quest s software and its already prominent software based services to bolster its existing services built largely on the. The source who spoke to reuters on monday requested anonymity because. Dell has also been speaking to private equity firms about selling quest software. The deal will form the backbone of dells software business and push it deeper into the highermargin enterprise market. Dell struck a deal to sell its it services unit to japans ntt data, which marks its first.
Dell said to be talking to buyout firms, citigroup. Dell is said to be in talks to buy quest software, which is a network security software maker. Dell is seeking to sell almost all of its software assets, including quest software, which helps with information technology management, as well. Dell will angeblich teile seines softwaregeschafts verau. Both may get the boot, as dell looks to free up some cash, and make room for emc and vmware. 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.
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