Dell sells off software to double down on its riskiest. It seems that dell were interested in quest at that time. 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. Babureuters a dell computer factory in sriperumbudur taluk, india. Dell has also been speaking to private equity firms about selling quest software.
Quests management technologies are used by more than 100,000 companies in many industries, including healthcare. The deal will form the backbone of dells software business and push it deeper into the highermargin enterprise market. Quest celebrates first day of independence from dell with. Jul 06, 2012 dells gotomarket ability is far stronger than quests. Software business sold as dell sheds quest and sonicwall to. 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. Your goto healthcare software solutions simplify migration, consolidation, security and management of your microsoft environment. Jun 20, 2016 techcrunch has confirmed that francisco partners and elliott management have agreed to acquire dells software division. Why dell decided to give up its questdell software division. 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. After dell softwares expected sale is completed this. Dell is an american multinational computer technology company that develops, sells, repairs, and supports computers and related products and services. Dell is said to be in talks to buy quest software, which is a network security software maker. Quest it management mitigate risk accelerate results.
For dell, combining software and hardware within a single company was supposed to be like chocolate and peanut butter. Jun 01, 2012 quest which makes software to monitor the flow of data through networks have worked together since 2004 and is one of dells top 10 partners. It includes the presentation that was used for this mornings conference call and more see. Quest software has suffered a double departure at executive level, with both local and regional leaders set to exit the vendor. Elliott management, francisco partners and dell issued a joint press. 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. Share on facebook tweet snapchat share reddit email. Is dell eyeing quest software following its wyse acquisition. 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. 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. Japans ntt data corp said on monday it has agreed to buy dell. Keep your sensitive health records safe, meet compliance requirements and minimize disruption to patient care with quest healthcare software solutions.
Learn best practices and practical knowledge to help you optimize your investment in kace. Dells gotomarket ability is far stronger than quests. The pending dell software sale potentially involves francisco partners and elliott management corp. The three private equity firms are vying for dells quest software, which helps with information technology management, as well as sonicwall. 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 sells off software to double down on its riskiest business c dell inc. Its officialthis morning dell announced its intent to acquire quest software update. Dell software businesses sold to private equity firms. Since then, however, things have cooled on the dell front and reuters now reports that dell is no longer interested in acquiring quest. 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 out of dell technologies in 2016 and is owned by private equity firms. 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. Partner support everything our partners need for effectively engaging with quest software support. 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. Dell software was a division of dell with headquarters in round rock, texas, united states. Japans ntt data agrees to buy dells it services unit for.
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. As a result of quest s recent divestiture from dell, quest acquired a number of products from dell. To learn more about how dell technologies is supporting our communities during covid19, please read a letter from michael dell. Dell sheds software assets with quest software and. The companys brands include toad, kace, quest, and foglight.
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. After dell softwares expected sale is completed this fall, its new privateequity owners will. The selloff comes as dell positions itself for an expected october closing for its acquisition of tech giant emc. Some of these legacy products found on this website may still contain dell branding. Jul 02, 2012 another major acquisition for dell this morning. Dell wins us antitrust approval to buy quest software technology. The product support life cycle table above describes the phase during which products are eligible for product support and new release downloads.
Francisco partners and elliott management corporation have announced the completed acquisition of dell software group. 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. Dell shares are tanking in premarket trading on wednesday as investors digested the companys secondquarter results and weak guidance. 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, data. Quest software inc has received an improved bid from dell inc to buy the. 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.
Dell no longer interested in quest software tbk consult. See how quest healthcare software solutions can help you keep records safe, maintain compliance and reduce disruption of care. Quest celebrates first day of independence from dell with layoffs. 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. 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. I am looking forward to quest getting back on the road as a software company.
Dec 04, 2015 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. Software business sold as dell sheds quest and sonicwall. Arn can confirm that vice president and general manager of apj. Dell sells off software to double down on its riskiest business. Double executive departure rocks quest software arn. Dell wins us antitrust approval to buy quest software. Dell announced monday that it has entered into an agreement to acquire aliso viejo, calif. 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. For dell, combining software and hardware within a single company was supposed to. Quest which makes software to monitor the flow of data through networks have worked together since 2004 and is one of dells top 10 partners.
As a result of quests recent divestiture from dell, quest acquired a number of products from dell. Quest s management technologies are used by more than 100,000 companies in many industries, including healthcare. Quest would have been dells sixth acquisition of the year. Quest software, one identity to operate separately from sonicwall after dell software sale. Quest software, one identity to operate separately from.
Techcrunch has confirmed that francisco partners and elliott management have agreed to acquire dells software division. 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. 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. Increase agility and reduce cost and risk with awardwinning solutions for database management. 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. 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. Getting started with quest support our support site has a new look and a new logo but the same great service support guide find everything you need to know about our support services and how to utilize support to maximize your product investment.
Aug 29, 2016 quest software, one identity to operate separately from sonicwall after dell software sale. Together, quest and sonicwall represent a range of it management and security solutions. Partners predict sales conflict as dell emc removes quest. Dell software was created merging various acquisitions mainly quest software and sonicwall by dell inc.