Eye on Oracle

Jul 2 2012   1:04PM GMT

Dell to announce intent to buy Quest Software today

Mark Fontecchio Mark Fontecchio Profile: Mark Fontecchio

Dell sent out an advisory this morning saying that it intends to buy Quest Software, the maker of the popular third-party Oracle database development tool called Toad.

As it turns out, the “strategic bidder” referenced to in recent Quest financial filings with the federal government is indeed Dell. Those papers, filed with the Security and Exchange Commission, said the bidder planned on buying Quest for $27.50 per share, or more than $2 billion total. Quest provides database tools for other platforms as well, such as IBM DB2 and MySQL.

Dell will hold a conference call at 11 a.m. Eastern this morning. In on the call will be Dave Johnson, Dell senior vice president of corporate strategy; John Swainson, president of Dell software; and Scott Davidson, chief financial officer of Quest. In its advisory, Dell referred to Quest as “an award-winning IT management software provider offering a broad selection of solutions that solve the most common and most challenging IT problems.”

Dell is most well-known for selling consumer desktops and laptops, as well as small x86 servers for the data center. But it has reached into its pockets several times in the past few years to acquire software companies known for their work with enterprise customers. The streak began with its purchase of Perot Systems for almost $4 billion back in 2009. Perot was known for applications development and systems integration. Other purchases have included systems management company KACE Networks, storage/backup companies Compellent and AppAssure, security company SonicWall, thin-client company Wyse Technologies, and Clerity Solutions, known for its mainframe migration and application rehosting.

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