Dell Made Rival $2.15 Billion Bid for Quest: Sources

SHARE

Reuters: Unnamed sources tell Reuters that Dell is the company making a $2.15 billion bid to purchase Quest Software. In March, Quest agreed to a purchase by Insight Venture Partners for $23 per share, with the provision that Insight would have the right to match rival offers. On Thursday, Dell revealed that it had received a competing bid for $25.50 per share, but did not say which company had made the bid.

Quest, which makes software which monitors network traffic, is one of Dell's five largest partners.



NewsletterDATAMATION DAILY NEWSLETTER

SUBSCRIBE TO OUR IT MANAGEMENT NEWSLETTER