Add as a preferred source on Google


News

Quest Software Accepts $2 Billion Buyout from Private Equity Firms

Microsoft partner and major software tools provider Quest Software Inc. will remain independent after months of speculation.

Quest on Tuesday said that it has accepted a $2.2 billion offer from Vector Capital and Insight Venture Partners, taking the company private.

Insight Partners had agreed to acquire Quest for $23 per share back in March but the terms allowed Quest to entertain superior offers. As reported last month, Dell was among those considering a bid for Quest. Though neither company confirmed the talks, they reportedly had collapsed. Having brought Vector Capital into the deal, the two private equity companies sweetened the bid to $25.75 per share.

For Dell, acquiring Quest would have bolstered its new software business headed by former IBM exec and CA CEO John Swainson. The deal to take Quest private should be welcome news to those wanting to see the company remain independent. Besides Dell, leading candidates to swoop up Quest included BMC Software, CA Technologies and Hewlett-Packard, among other heavyweights.  

About the Author

Jeffrey Schwartz is editor of Redmond magazine and also covers cloud computing for Virtualization Review's Cloud Report. In addition, he writes the Channeling the Cloud column for Redmond Channel Partner. Follow him on Twitter @JeffreySchwartz.

Featured

  • Microsoft Dismantles RedVDS Cybercrime Marketplace Linked to $40M in Phishing Fraud

    In a coordinated action spanning the United States and the United Kingdom, Microsoft’s Digital Crimes Unit (DCU) and international law enforcement collaborators have taken down RedVDS, a subscription based cybercrime platform tied to an estimated $40 million in fraud losses in the U.S. since March 2025.

  • Sound Wave Illustration

    CrowdStrike's Acquisition of SGNL Aims to Strengthen Identity Security

    CrowdStrike signs definitive agreement to purchase SGNL, an identity security specialist, in a deal valued at about $740 million.

  • Microsoft Acquires Osmos, Automating Data Engineering inside Fabric

    In a strategic move to reduce time-consuming manual data preparation, Microsoft has acquired Seattle-based startup Osmos, specializing in agentic AI for data engineering.

  • Linux Foundation Unites Major Tech Firms to Launch Agentic AI Foundation

    The Linux Foundation today announced the creation of a new collaborative initiative — the Agentic AI Foundation (AAIF) — bringing together major AI and cloud players such as Microsoft, OpenAI, Anthropic and other major tech companies.

Most   Popular