Dell has announced that it has entered into a definitive agreement to acquire Quest Software.
The IT management software company is set to be acquired for approximately $2.4 billion (£1.5 billion), to include Quest's 1,500 software sales experts and 1,300 software developers.
Quest would sit within Dell's recently-formed Software Group, with its Quest One Identity and Access Management tool an addition to the SonicWALL and Secureworks security assets. It also said that the Quest Performance Monitoring solutions for applications, networks and databases would address customer needs, specifically the Quest Foglight application performance monitoring solution.
John Swainson, president of the Dell Software Group, said: “The addition of Quest will enable Dell to deliver more competitive server, storage, networking and end user computing solutions and services to customers.
“Quest's suite of industry-leading software products, highly-talented team members and unique intellectual property will position us well in the largest and fastest growing areas of the software industry. We intend to build upon the strong momentum Quest brings to Dell.”
Vinny Smith, chairman and chief executive officer of Quest Software, said: “Clearly, Dell's distribution, reach and brand are well recognised in the industry. Combine that with Quest's software expertise and award-winning systems management products and you have a very powerful combination for our customers and partners.
“With this transaction, Quest's products and employees become the foundation for Dell's critical software business.”