Dell sells off software division ahead of emc acquisition. Dell and emc both sell systems running vmwares virtual san hyperconverged software, and dell also sells appliances running software from vsan rival nutanix. Acquisition includes purchase of rsa archer, rsa netwitness platform, rsa securid, rsa fraud and risk intelligence and rsa conference. Dell sells software unit to francisco partners, elliott bloomberg. Francisco partners and elliott management to acquire the. Get the latest dell technologies inc dell detailed stock quotes, stock data, realtime ecn, charts, stats and more. Vxrail, powered by dell emc poweredge server platforms and vxrail hci system software, features nextgeneration technology to future proof your infrastructure and enable deep integration across the vmware ecosystem. Jun 20, 2016 dell has confirmed rumors that it is selling off its software division to private equity firms francisco partners and elliott management. Dell, which went private last fall in a buyout led by bounder and ceo michael dell, this morning announced a deal with privatelybacked networking startup cumulus networks to sell its switches. Get help with troubleshooting, fixing operating system issues, or ask a question regarding your warranty. Dell software was created merging various acquisitions mainly quest software and sonicwall by dell inc. Jun 20, 2016 dell is in the process of selling off its software group s security, data analytics, and systems and information management solutions to private equity firm francisco partners and hedge fund. Dell is selling off its software business, including quest software. This past year, dell sold off the dell software group to private equity firm francisco partners and hedge fund manager elliott management, which in november established quest as an.
Advanced vmware hybrid cloud integration and automation simplifies deployment of a secure vxrail cloud infrastructure. The deal comes as dell works to complete its acquisition of technology giant emc corp, a deal which is expected to close by the end of october. Dell sells off software to double down on its riskiest business c dell inc. Dell sells software division to francisco partners and. Dell is in the process of selling off its software groups security, data analytics, and systems and information management solutions to private. Vxrail hyperconverged infrastructure appliance dell. Dell sells software unit to francisco partners, elliott. Dell has confirmed plans to sell its software division, including quest software and sonicwall, as the tech giant continues to shed assets ahead of its upcoming acquisition of emc. Jun 21, 2016 software business sold as dell sheds quest and sonicwall to fund emc deal. Dell s products include personal computers, servers, smartphones, televisions, computer software, computer security and.
Dell isnt saying why it has decided to sell off its. Dell sells software assets to francisco partners, elliott management. Dell has been looking to shed assets that dont line up with their strategy for their impending dell emc merger, which will be focused on the enterprise systems and hardware market server, storage, networking, private cloud, which includes cloud related systems. If you have a new purchase registration code, please submit the code on the registration page within your dell digital locker to add your purchase to your account. Dell sheds software assets with quest software and. Software business sold as dell sheds quest and sonicwall to.
Emc said planning to sell documentum business amid dell deal. Software business sold as dell sheds quest and sonicwall. Dell sheds software assets with quest software and sonicwall. Dell is selling off its software business, including quest software, sonicwall, and the statistica analytics platform, to private equity firms elliot management and francisco partners. A typical customer of the new dell looks like barclays, which uses dell s. In june 2016 a deal of a similar size saw the companys software division including. Nov 03, 2019 in 2018, dell carried out a reversemerger with vmware inc.
Francisco partners and elliott managements deep passion. Elliott management, francisco partners and dell issued a joint press. Jun 20, 2016 francisco partners and elliott managements deep passion for technology and proven track records in nurturing and building software businesses will enable dell softwares loyal base of. Software business sold as dell sheds quest and sonicwall to fund. Dell technologies partner portal dell technologies. Dell software businesses sold to private equity firms. Three private equity firms bidding to buy dell s sonicwall and quest software businesses. After dell software group sale, one identity reinvents its. After dell software group sale, one identity reinvents its go. Francisco partners and elliott management to acquire the dell. Techcrunch has confirmed that francisco partners and elliott management have agreed to acquire dells software division. Sonicwall splits from dell to become independent security vendor. Michael dell was a freshman at the university of texas in austin when he came upon the idea of selling personal computers.
Jun 20, 2016 im a netvault backup software user since 2004 formerly owned by backbone, then quest, then dell, now these new guys. Feb 19, 2020 dell technologies has agreed to sell rsa security to private equity firm symphony technology group stg less than four years after acquiring the encryption pioneer. Get support for your dell product with free diagnostic tests, drivers, downloads, howto articles, videos, faqs and community forums. Buyout firm, francisco partners, and the private equity arm of activist hedge fund, elliott management corp, have finalised the acquisition of dell software group and the spinout of sonicwall and. Francisco partners, a leading technologyfocused private equity firm, and elliott management corporation today announced they have completed the previously announced acquisition of the dell software group from dell, inc. Dell s motivations for selling its rsa assets might not have been altogether due to paying off past acquisition debts. Shortly after the ipad debuted twoandahalf years ago, the ceo of quest software now dell software group arrived at work with an ipad wanting to hook it up to the network and receive sensitive. Dell to sell software unit to privateequity firm francisco. Emc said planning to sell documentum business amid dell. Dell sells rsa security business to private equity firm it pro. Mar 28, 2016 will dell sell quest software and sonicwall. The dell software group was later sold off in 2016, the researchers noted. Another interesting area of overlap is hyperconvergence. Dells rsa security solutions businesses, including the rsa.
While dell isnt saying why it has decided to sell off its quest tools and sonicwall business, they apparently no longer fit into its strategy to focus on. It was formed as a result of the september 2016 merger of dell and emc corporation which later became dell emc dell s products include personal computers, servers, smartphones, televisions, computer software, computer security and network security, as well as information security services. Learn more and become a partner dell technologies partners are technology experts who can guide you through your digital transformation. It was also decided that one identity would grow as a new business unit within quest. Get all your questions answered about pcs and products for business use. It was formed as a result of the september 2016 merger of dell and emc corporation which later became dell emc. Dell to resell linux networking software from cumulus. Dell technologies has agreed to sell rsa security to private equity firm symphony technology group stg less than four years after acquiring the encryption pioneer. Dell jobs, benefits, business model, founding story. Im a netvault backup software user since 2004 formerly owned by backbone, then quest, then dell, now these new guys. Dell sheds software assets with quest software and sonicwall deal. Dell sells off software to double down on its riskiest. Dell s motivations for selling its rsa assets might not have been altogether due to paying off.
Dell software group includes security, systems management, and information management. Jun 20, 2016 techcrunch has confirmed that francisco partners and elliott management have agreed to acquire dells software division. Why dell decided to give up its questdell software division. Dell stops selling android devices to focus on windows pcworld. The sale of dell services makes sense, said sid nag, gartners research director of cloud technology and service provider group. Dell software cio says byod is not about devices cio. For the first quarter of 2016, dells software group had flat revenue of. Dells motivations for selling its rsa assets might not have been altogether due to paying off past acquisition debts. The company said june 20 that it is selling quest dell software to equity firms francisco partners of san francisco and elliott. Dell sells rsa to consortium led by symphony technology. Jun 21, 2016 dell is selling off its software business, including quest software, sonicwall, and the statistica analytics platform, to private equity firms elliot management and francisco partners. Sign in with the dell account used at purchase or assigned to you.
Dell sells rsa to consortium led by symphony technology group. Dell to sell software unit to francisco partners and. Dell is selling off most of its software division to the private equity firm. The selloff comes as dell positions itself for an expected october closing for its acquisition of tech giant emc.
This past year, dell sold off the dell software group to private equity firm francisco partners and hedge fund manager elliott management. For dell, combining software and hardware within a single company was supposed to be like chocolate and peanut butter. Oct 30, 20 dell just snagged a big executive from indian services giant wipro to run its 10,000employee cloud infrastructure group. Dell technologies new organizational structure takes shape. Sonicwall splits from dell to become independent security. Dell technologies sells rsa to symphony technology group. Get all your questions answered about pcs and products for personal use. This wouldnt be the first time dell sold off one of its business units to a private equity firm. Dell software was a division of dell with headquarters in round rock, texas, united states. Or speak with a dell technical expert by phone or chat. Dell software group gets acquired networking spiceworks. This past year, dell sold off the dell software group to private equity firm francisco partners and hedge fund manager elliott management, which in november established quest as an independent company.
Dell sells rsa security business to private equity firm. Nov 01, 2016 sonicwall splits from dell to become independent security vendor. Feb 19, 2020 this wouldnt be the first time dell sold off one of its business units to a private equity firm. Dell has confirmed plans to sell its software division, including quest. Join the dell technologies partner program for a truly extraordinary experience that is simple, predictable, profitable. Dell to sell software unit to francisco partners and elliott. In 2018, dell carried out a reversemerger with vmware inc. Dell is in the process of selling off its software group s security, data analytics, and systems and information management solutions to private equity firm. Francisco partners and elliott management to acquire the dell software group press release june 20 2016 francisco partners, a leading technologyfocused private equity firm, elliott management corporation, and dell today announced they have signed a definitive agreement for francisco partners and elliott to acquire the dell software group. Dell has confirmed rumors that it is selling off its software division to private equity firms francisco partners and elliott management.
Dell technologies partner portal dell technologies united. The sale of the software group is dells latest ahead of its combination with emc and as it pushes its transformation since its own buyout in 20. After dell software group sale, one identity reinvents its gotomarket. Dell stops selling android devices to focus on windows.
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