Offered to business customers by webbank, member fdic, who determines qualifications for and terms of credit. Dell obviously sees the importance of solidifying its it software position given how fast. 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. The product support life cycle table above describes the phase during which products are eligible for product support and new release downloads. A free inside look at quest software salary trends based on 465 salaries wages for 230 jobs at quest software. Techcrunch has confirmed that francisco partners and elliott management have agreed to acquire dell s software division. Buying quest will more than double the size of dells software business. 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 sells software unit to francisco partners, elliott. Dell listens to customers and delivers worldwide innovative technology, business solutions and services they trust and value. Quest softwareenabled services combine the strengths of our proprietary software, tools and domain expertise to reduce complexity, demands on your it staff and costs. Dell to sell software unit to francisco partners and. Quest was spun off from its parent dell software group with the backing of investment firms francisco partners and elliott management for a. Its officialthis morning dell announced its intent to acquire quest software update.
Dell recently completed its acquisition of quest software, an it management software provider. Taxes, shipping and other charges are extra and vary. After dell softwares expected sale is completed this fall, its new privateequity owners will. Dell today announced it has completed the acquisition of quest software, an awardwinning it management software provider. Quest software, one identity to operate separately from. With this added muscle, dell can expand handily on quests revenue stream and build at least a sales story that now includes some. Previously at dell, he led sales for the global 500 business segment as well as worldwide sales for data protection software.
As a result of the closing, which was finalized on sept. Dell completes acquisition of quest software channel. Were here to help, so visit us at 1500 s willow st in manchester, nh to find the perfect new camera, laptop, bluray player, smart lighting or activity tracker today. The company announced its buying enterprise management software maker quest software for. Dell completes acquisition of quest software aol finance. Dell, looking to expand beyond its business of selling personal computers, announced on monday that it would buy quest software as it expands its data services business. The deal comes as dell works to complete its acquisition of. Dell completes quest acquisition in enterprise software push. Why dell decided to give up its questdell software division eweek. Quest acquisition opens door for dell to focus on complete.
With quests netvault and vranger, dell is now a headon competitor with symantec and commvault. Dell software, which includes quest, sonicwall, and statistica, is being snapped. Francisco partners and elliott management to acquire the. Quest software, also known as quest, is a privately held software company headquartered in. New reports suggest dell may also be looking to sell its quest software and sonicwall businesses. 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.
Increase agility and reduce cost and risk with awardwinning solutions for database management. 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. Dell dell, fortune 500 said the company fits well with its it services unit, which is its fastestgrowing line of business. 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. Quest software and sonicwall are among the software assets being acquired, and both were bought by dell in 2012, the year before the computer maker. Dell, looking to expand beyond its business of selling personal computers, announced on monday that it would buy quest software as it. Image caption dell had to get involved in a bidding war to buy quest software. With quest, dell can provide a bundled offering for software applications in a very seamless way. Quest worldwide brings more than 100,000 customers, 5,000 channel partners, 1,500 software sales and marketing experts, and 1,300 software developers to the. Dell and its partners see dells acquisition of quest as bringing together the hardware and software parts needed to make dell a top provider of complete it solutions through the channel. Dell has been in talks to buy quest since at least may. Dells gotomarket ability is far stronger than quests. The company said june 20 that it is selling quest dell software to equity firms francisco partners of san francisco and elliott.
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 software was created merging various acquisitions mainly quest software and sonicwall by dell inc. Elliott and the private equity firm francisco partners said on monday that they would buy dells software businesses. Matt vitale leads the data protection businesses at quest. 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. Techcrunch has confirmed that francisco partners and elliott management have agreed to acquire dells software division. Quest software, one identity to operate separately from sonicwall after dell software sale. Dell software was a division of dell with headquarters in round rock, texas, united states. Prior to joining dell, vitale served as evp, worldwide sales for pentaho, a leader in open source business intelligence software. Learn best practices and practical knowledge to help you optimize your investment in kace. Dell sells off software to double down on its riskiest. In 2018, quest announced the acquisition of metalogix, offering sharepoint, onedrive for business and office 365.
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 continues quest for software domination wired. The buy will expand dells enterprise focus, with improved software capabilities in systems management, security, data protection, and. Salaries posted anonymously by quest software employees. Dell software businesses sold to private equity firms.
Software business sold as dell sheds quest and sonicwall. As a result of quests recent divestiture from dell, quest acquired a number of products from dell. Quest celebrates first day of independence from dell with. Business software store licensing and downloadable dell. Quest deployment services help you quickly install and configure your product properly. Some of these legacy products found on this website may still contain dell branding. Why dell decided to give up its questdell software division. With the acquisition of a management software company, dell is trying to position itself as a vendor for businesses that are trying to build and manage their own data centers, whether on. Elliott and private equity firm to buy dells software. Dell sells off software to double down on its riskiest business c dell inc. Dell has agreed to purchase quest software a san franciscobased outfit offering tools for managing a wide range of business software as it continues to shift its operation toward the world.
Quest acquisition bolsters dell backup software portfolio. For dell, combining software and hardware within a single company was supposed to be like chocolate and peanut butter. Quest it management mitigate risk accelerate results. Elliott management, francisco partners and dell issued a joint press. 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.