Aug 29, 2016 quest software, one identity to operate separately from sonicwall after dell software sale. Bloomberg 1 min read a dell logo is pictured on the side of a computer in this photo illustration in the manhattan borough of new york october 12. Quest it management mitigate risk accelerate results. Jul 02, 2012 dell dell and quest software qsft have entered into a definitive agreement for dell to acquire quest. Prior to joining dell, vitale served as evp, worldwide sales for pentaho, a leader in open source business intelligence software. Dell software was a division of dell with headquarters in round rock, texas, united states.
With quests netvault and vranger, dell is now a headon competitor with symantec and commvault. Dell completes acquisition of quest software aol finance. Matt vitale leads the data protection businesses at quest. Company profile page for dell software sarlu including stock price, company news, press releases, executives, board members, and contact information. Media digest 6152012 reuters, wsj, nyt, ft, bloomberg. Chief executive vincent smith preferred a sale to insight over dell because it would allow him to keep running the company, said.
Elliott management, francisco partners and dell issued a joint press. Dell, looking to expand beyond its business of selling personal computers, announced on monday that it would buy quest software as it. For dell, combining software and hardware within a single company was supposed to be like chocolate and peanut butter. Francisco and elliott are in talks to buy logmein bloomberg. Dell sells off software to double down on its riskiest business. Dell software sarlu company profile and news bloomberg. Dell confirms quest software ceos departure orange.
Last july, dell purchased quest software, a maker of software for. Citco is offering users of its fundadministration services new software that tracks. Quest software agrees to buyout the new york times. Dell stock, price quote and chart, trading and investing tools. The company is known for toad, a product used by database professionals, in addition to other offerings for microsoft azure cloud management, software. The company offers software comprising application management, database management, windows management. Quest software, a provider of database applications and other corporate i. Michael has also held various leadership positions in product management at quest softwaredell software, most notably as the executive director of product management for dell softwares windows management business. Oct 18, 2016 dellquest software plans layoffs and relocations source some products may go, too, once private equiteers take over. 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. Company profile page for quest software incca including stock price, company news, press releases, executives, board members, and contact information. Michael is also a founding member of product tank atlanta. Dell to sell software unit to francisco partners and. 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 software inc dell software inc provides information technology services. Software business sold as dell sheds quest and sonicwall. With close to 700 members, this group meets quarterly to discuss. No matter your platform, quest has a solution that fits. Quest celebrates first day of independence from dell with layoffs. Dellquest software plans layoffs and relocations source. Dell completes acquisition of quest software channel. Emc said planning to sell documentum business amid dell deal. Quest software, also known as quest, is a privately held software company headquartered in. Annual report on quest softwares revenue, growth, swot. The company offers the software which manages and protects applications, systems, devices, and data for the organization.
Dell recently completed its acquisition of quest software, an it management software provider. Dell sells off software to double down on its riskiest. After dell softwares expected sale is completed this fall, its new privateequity owners will. Dell investors should take the money and run marketwatch. Accelerate backup speed, reduce storage costs and use the cloud for disaster recovery. As a result of the closing, which was finalized on sept. Enable highperformance oracle replication and data integration. The company provides cloud management, data protection, gdpr compliance, database, identity, access, and performance management. 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. Embattled cannabis producer canntrust holdings inc. Under terms of the agreement, approved by the boards of directors of both companies, dell.
Sep 08, 2016 dell to cut 2,0003,000 jobs as emc deal closes. 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. It had slightly outperformed most other commodity trading advisors in recent years. Dell is also proceeding with selling software assets sonicwall and quest, said the people, who asked not to be identified because the. 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. Liemandts team was on a quest for the regular income streams associated with sticky software maintenance contracts. 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 sells off software to double down on its riskiest business c dell inc. 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 company offers software comprising application management. Quest software international ltd company profile and.
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. See more in the press release or click on the page below. I have been working at quest software fulltime for more than 10 years pros 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 110,000. It includes the presentation that was used for this mornings conference call and more. Recruiters serving hedge fund managers thu, 27 feb 2020 quest. Quest software, one identity to operate separately from. Jul 02, 2012 its officialthis morning dell announced its intent to acquire quest software. Jul 02, 2012 another major acquisition for dell this morning.
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. Dell software was created merging various acquisitions mainly quest software and sonicwall by dell inc. Previously at dell, he led sales for the global 500 business segment as well as worldwide sales for data protection software. Quest acquisition bolsters dell backup software portfolio. The offer, said to come from a strategic bidder, comes nearly two weeks after it was reported talks with dell broke down. Dell shares rise on news company may go private the new.
Company profile page for quest software international ltd including stock price, company news, press releases, executives, board members, and contact information. How a mysterious tech billionaire created two fortunesand a. Quest software inc company profile and news bloomberg. Shares of dell spiked nearly percent on monday after bloomberg news. Jul 16, 20 dell investors should take the money and run. Mar 09, 2012 brent lewin bloomberg news an office of quest software in ottawa. Jun 20, 2016 techcrunch has confirmed that francisco partners and elliott management have agreed to acquire dells software division.
Dell to sell software unit to francisco partners and elliott. We can help you be a more secure, cloudbased, datadriven, mobile business with our software and hardware solutions to manage databases, data protection, endpoint protection and microsoft platforms. The selloff comes as dell positions itself for an expected october closing for its acquisition of tech giant emc. Mm qsft financial information, fundamentals, key ratios, market capitalization, shares outstanding, float, and short interest.