Posts Tagged ‘BMC Software’
RIM unleashes BlackBerry 10 with two new devices, the BlackBerry Q10 and Z10, and a few surprises: RIM has changed its corporate name to “BlackBerry” as it seeks to refocus its efforts on flagship products that will be its namesake in the smartphone battleground. But is BlackBerry 10 ready to do battle?
Businesses are migrating more mission-critical applications and resources into public and private cloud environments to save money and increase productivity. BMC Software is introducing a new application to account for costs and facilitate chargebacks. Here’s why you should care about cloud accounting.
Quest Software approved a $2.2 billion buyout offer proffered by private equity firms Insight Venture Partners and Vector Capital. The deal brings to an end three months of speculation over the fate of the software tools vendor.
Insight Venture Partners, the private equity firm that offered to buy Quest Software in March, has increased its bid to beat the recent competitive price from an unnamed strategic suitor (said to be Dell). The offer sparks what many anticipated: a protracted bidding war for control of Quest.
Reuters is reporting that Dell is the “mystery” strategic bidder who’s offered $2.15 billion for Quest. If true, it means Dell came back to the table with a better offer, while at the same time it plans $2 billion costs cuts in its own operations.
The riddle over who will buy Quest Software took a step forward this morning, with the database and software management firm saying it’s received a $2.11 billion bid from an undisclosed suitor.
The big buzz over is that Dell is in talks to buy Quest Software, a deal that makes a lot of sense on paper. But analysts suspect there are other big vendors in the mix, including Microsoft, Oracle and IBM. All of this speculation is driving up the Quest price tag, which could make it an even more interesting acquisition to watch.
The two PC giants are extending their capabilities through partnerships to deploy, provision and manage PCs in business environments. HP is working with LANDesk, while Lenovo is pairing up with BMC Software. The two initiatives reflect the accelerating automation trend.