Dell announces acquisition of Quest Software for $2.4 Billion
dealbook.nytimes.comI find this news interesting in light of Dell's February acquisition of backup and recovery startup Appassure software which competes directly with Quest Software's NetVault Backup. Seems a bit schizophrenic.
Appassure was 50-100 million, Quest is 2.4 billion. They paid for a little bit more than just NetVault. Just a thought... Or maybe they're kicking themselves that they missed out on buying BakBone last year for ~50 million and are now paying the extra 2.35 billion to make sure they get NetVault too?
So Dell's long-term plan is to become an enterprise software company, just like HP was planning at some point?
Sounds like these companies are getting disrupted, and their natural intuition is to move up-market, which is a wrong move long-term if the whole PC market goes bust.