Dell is one of several companies toying with the idea of acquiring Software developer, Quest Software, Inc. Quest develops software to help organizations manage databases and servers as well as designing recovery programs. Insight Venture Partners, a private equity and investment firm, offered to buy Quest back in March for $2 billion, but Quest has been examining their options.
Quest would be a complementary addition to Dell’s ever-increasing and divers enterprise software solutions. In an effort to branch out from the consumer home computer business, Dell has acquired several software providers recently including Make Technologies, Wyse Technology, and Clarify Solutions.
Quest shares have recently experienced a 5% lift, and there is much more investor interest. The company is currently valued at over $2.12 billion. Morgan Stanley is representing Quest for the sale and they have already had interest from BMC Software Inc, CA Inc, Microsoft Corporation, and Oracle Corporation, in addition to Dell.
Dell has not commented on any dealings with Quest, but many experts expect Dell to put a bid in for Quest. We’ll keep you updated as new information becomes available.