Sunday, May 27, 2012

Round Rock-based Dell is among several companies | International ...

Round Rock-based Dell is among several companies that made offers for Quest after it agreed in March to be bought by private equity and venture capital firm Insight Venture Partners cheap for shop for about $2 billion, said the people, who asked not to be identified because the discussions are private.
Quest, based in Aliso Viejo, Calif., makes software that helps companies manage databases and servers, as well as back up information and recover lost data. Dell, the third-largest maker of personal computers, is using acquisitions to help it cater to business customers and lessen its reliance on PCs.
Quest, which has an estimated market value of $2.12 billion, also helps customers monitor the performance of applications that run businesses.
A Dell spokesman said Friday that the company has no comment on rumors or speculation. Quest spokeswoman Tracy Benelli didn?t return messages seeking comment.
However, Dell has been on an acquisition tear in recent years as it has tried to transform itself into a full-service information technology provider.
According to analysts? estimates, the company has spent more than $8 billion over the past five years on acquisitions to bolster its offerings in advanced computer services, storage systems, networking technology, software and security. Company officials say they are intent on buying best-in-breed technology to win more profitable sales both from small and medium-size businesses and from large enterprises.
Its largest acquisitions have been Perot Systems for $3.9 billion, EqualLogic, $1.4 billion, and Compellent Technologies, $960 million.
Dell?s revenue is still dominated by personal computers, which accounted for 52 percent of sales in the latest quarter. But the company noted that half of its gross profit came from sales of enterprise solutions and services.
?We will continue to make the necessary investments to maintain our progress,? Brian Gladden, Dell?s chief financial officer, said Tuesday when earnings were released.
Dell?s stock tumbled this week when its first-quarter earnings and second-quarter guidance fell short of analysts? estimates.
Quest said this cheap herve leger 2012 month that it received offers during a so-called go-shop period that followed the agreement to be acquired by Insight Venture Partners. Many of the options are ?reasonably expected to lead to a superior proposal,? the company said at the time.

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