Today Dell and Quest announced the achievement of a definitive agreement for Dell to acquire Quest after several months of “bidding war“, according to Bloomberg.
Under the terms of the agreement, Dell will pay $28.00 per share against the bid of $25.75 made from Insight Venture Partners, that raises Dell’s total offering at $2.4 billion.
In Dell’s new vision Quest’s assets, like its access management software, performance monitoring solutions, Windows Server and database management solutions became important elements.
Dell recently announced the formation of its Software Group to build upon its existing software expertise. The Dell Software Group will add to Dell’s enterprise solutions capability, accelerate strategic growth and further differentiate the company from competitors by increasing its solutions portfolio with Dell-owned intellectual property.
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