Dell buying Quest for $2.4 billion – The deal had been rumored for some time

©IDG Communications, Inc. Photo contributed by Matthew Mikaelian.

IDG News Service (Boston Bureau)

BOSTON – Dell announced Monday that it is buying Quest Software for US$2.4 billion, following weeks of speculation over its interest in the infrastructure software vendor. The deal is expected to close later this year. Quest’s products include the Toad database management toolset, Quest One Identity management software, and the SonicWALL andSecureworks products, all of which will be complementary to Dell’s portfolio, the companies said in a statement.

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