Deals
Dell Agrees to Buy Quest for $2.4 Billion Adding Software
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Dell Inc. agreed to buy Quest Software Inc., a maker of programs to manage corporate computer systems, for about $2.4 billion, ending a bidding contest with Insight Venture Partners.
The acquisition for $28 a share in cash is expected to close in Dell’s fiscal third quarter, the Round Rock, Texas-based company said in a joint statement today with Quest.