Dell Acquires Quest Software For $2.4 Billion

Another major acquisition for Dell this morning. The company announced it's buying enterprise management software maker Quest Software for $2.4 billion. Under the terms of the agreement, Dell will pay $28.00 per share, which beat out Insight Venture Partners' bid of $25.75 per share. Quest's assets, including its access management software, performance monitoring solutions, Windows Server management solutions, database?management, and more, will now serve to strengthen Dell's recently formed Software Group.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/aDGoZV8D568/

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