Dell acquires Quest Software

On Friday September 28, 2012, Dell announced to have completed the acquisition of Quest Software.

Californian Quest was founded in 1978 and it is famous for being the maker of  Toad (Tool for Oracle Application Developers)  used for development and management of relational databases using SQL. Quest software

The company was also known for investing in technology areas such as virtualization, cloud automation and backup and recovery. Apparently Dell has completed its acquisition of Quest Software at $28 a share, or $2.4 billion, in July, the price seems to have been approved by Dell stockholders on September 25. This acquisition would permit Dell to provide an end-to-end solution , by offering virtualization, mobile applications and software deployment services.

John Swainson, President, Dell Software declares about the acquisition:
The close of the Quest acquisition is a tremendous milestone in Dell’s journey to strengthen our end-to-end IT capabilities, empowering our customers to unlock greater value in their Dell technology investments, as well as their overall IT environments. We are addressing key needs for our customers, helping them leverage the cloud, support ‘bring your own device’ in their enterprise, and deploy mobile applications and virtualization to drive improved business results. The addition of Quest Software into Dell’s software portfolio will extend our industry-leading suite of solutions to a broader range of customers and partners, while simplifying operations, maximizing workforce productivity and delivering faster results.