Dell sells off software to double down on its riskiest. 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. Jul 02, 2012 its officialthis morning dell announced its intent to acquire quest software. Learn best practices and practical knowledge to help you optimize your investment in kace. Quests management technologies are used by more than 100,000 companies in many industries, including healthcare.
Techcrunch has confirmed that francisco partners and elliott management have agreed to acquire dells software division. Its officialthis morning dell announced its intent to acquire quest software update. Jun 20, 2016 techcrunch has confirmed that francisco partners and elliott management have agreed to acquire dells software division. Jun 21, 2016 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. In june 2016, dell announced the sale of their software division. 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. It includes the presentation that was used for this mornings conference call and more. As a result of the closing, which was finalized on sept. Dell sells software unit to francisco partners, elliott.
Increase agility and reduce cost and risk with awardwinning solutions for database management. Take a closer look an perhaps francisco partners could merge sonicwall with watchguard. Elliott management, francisco partners and dell issued a joint press. Dellquest software plans layoffs and relocations source. 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 celebrates first day of independence from dell with layoffs. Dell recently completed its acquisition of quest software, an it management software provider.
Quest software, one identity to operate separately from. Dells gotomarket ability is far stronger than quests. The three private equity firms are vying for dells quest software, which helps with information technology management, as well as sonicwall. As a result of quests recent divestiture from dell, quest acquired a number of products from dell. Dell completes acquisition of quest software channel. Dells sale of quest software would not only get rid of the duplication, but it might quiet vmware investors because dells large sales team will be pitching only their product rather than both. 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. Prior to joining dell, vitale served as evp, worldwide sales for pentaho, a leader in open source business intelligence software.
Quest it management mitigate risk accelerate results. A company logo of dell is seen on the cover of its laptop at a dell outlet in hong kong october october 21, 2009. A dell computer logo is seen on a laptop at best buy in phoenix, arizona, february 18, 2010. Credant technologies and software manufacturer quest software. The addition of quest, including its 1,500 software sales experts and 1,300 software developers, to dells existing software expertise in systems management, security and cloud integration, is. Partners predict sales conflict as dell emc removes quest. Were a global provider to,000 companies across 100 countries, including 95% of the fortune 500 and 90% of the global. Jun 20, 2016 the divestment includes assets dell acquired in 2012 when it won a protracted bidding war for quest software, which owned a wide portfolio of systems management and migration tools aimed primarily. Together, quest and sonicwall represent a range of it management and security solutions. Speak english at all times since it is the worlds language. Dell is seeking to sell almost all of its software assets, including quest software, which helps with information technology management, as well.
Dell software was a division of dell with headquarters in round rock, texas, united states. With this added muscle, dell can expand handily on quests revenue stream and build at least a sales story that now includes some. Quest was spun off from its parent dell software group with the backing of investment firms francisco partners and elliott management for a. Since 1987, weve provided software solutions for the fast paced world of enterprise it. Dell sells off software to double down on its riskiest business c dell inc. 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. 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. Dell software businesses sold to private equity firms. Dell makes moves to survive in cloudcentric world the. 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. Japans ntt data corp said on monday it has agreed to buy dell incs. Quest software on monday announced a series of updates to its toad open source database software applications, including new versions of. Buyout firms could slice dells debt to get emc deal done.
Whether the two former confidants can work together may decide the fate of the worlds no. Dell sheds software assets with quest software and sonicwall. The selloff comes as dell positions itself for an expected october closing for its acquisition of tech giant emc. 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 the pending dell software sale potentially involves francisco partners and elliott management corp. Previously at dell, he led sales for the global 500 business segment as well as worldwide sales for data protection software. Dell is an american multinational computer technology company that develops, sells, repairs, and supports computers and related products and services. The pending dell software sale potentially involves francisco partners and elliott management corp. 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 microsoftbased environments.
Japans ntt data agrees to buy dells it services unit for. Dell has also been speaking to private equity firms about selling quest software, which. Quest software, one identity to operate separately from sonicwall after dell software sale. The divestment includes assets dell acquired in 2012 when it won a protracted bidding war for quest software, which owned a wide portfolio of systems management and migration tools aimed primarily. Dell sheds software assets with quest software and. Quest celebrates first day of independence from dell with. We collect information about the content including ads you use across this site and use it to make both advertising and content more relevant to you on our. A quest spokesman said in an email that quest, which provides a wide variety of software for data management, security, backup and recovery.
Computer technology corporation dell recently acquired quest software, an it management software provider, in order to expand upon its software expertise and offerings. May 25, 2012 new yorksan francisco reuters dell inc is expected to reach an agreement to buy network security software maker quest software inc as soon as this weekend after a previous deal fell apart. In leading blackstone groups 11thhour bid for dell inc, the. 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. With quest, you and your organization can spend less time on it administration and more time on business innovation. Based in tokyo, ntt data is one of the worlds largest technology. Dell increases its bid for quest software austin business. Some of these legacy products found on this website may still contain dell branding. Assets dell could sell include quest software, which helps with information technology it management. Dell quest, sonicwall users face another acquisition deal. Quest offered windows management and migration tools, identity and access management, and other technologies that complemented dells own software portfolio, along with some products that didnt seem to jibe. Dell has also been speaking to buyout firms about selling quest software. Dell negotiations to buy quest software said to collapse.
Babureuters a dell computer factory in sriperumbudur taluk, india. May 02, 2020 quest software on monday announced a series of updates to its toad open source database software applications, including new versions of its toad edge, toad data point and toad intelligence. Software business sold as dell sheds quest and sonicwall. Matt vitale leads the data protection businesses at quest. Dell announced monday that it has entered into an agreement to acquire aliso viejo, calif.
Other deals during his tenure included quest software, secureworks. Named after its founder, michael dell, the company is one of the largest technological corporations in the world, employing more than 165,000 people in the u. Dell sells off software to double down on its riskiest business. Dell software was created merging various acquisitions mainly quest software and sonicwall by dell inc. Dell is said to be in talks to buy quest software, which is a network security software maker. New yorksan francisco reuters dell inc is expected to reach an agreement to buy network security software maker quest software inc. Aug 29, 2016 quest software, one identity to operate separately from sonicwall after dell software sale. See more in the press release or click on the page below. The sale will also offer ntt data, one of the worlds largest.
It includes the presentation that was used for this mornings conference call and more see more in the press release or click on the page below. Quest updates toad open source database tools enterprise. 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. Mike dells former lieutenant leads coup attempt reuters. For dell, combining software and hardware within a single company was supposed to be like chocolate and peanut butter. 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 to. After dell softwares expected sale is completed this fall, its new privateequity owners will. 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. The deal would be dells sixth acquisition of the fiscal year as the company attempts to refashion itself from a. Nov 16, 2016 a quest spokesman said in an email that quest, which provides a wide variety of software for data management, security, backup and recovery and other functions, would bring dell emc partners into. The product support life cycle table above describes the phase during which products are eligible for product support and new release downloads.