Dell sells data analytics unit to francisco partners, elliott. Sonicwall announces spin out from dell software group focused on solving next generation of cybersecurity threats facing companies press release november 01, 2016 francisco partners and elliott management complete acquisition of dell software group. Francisco partners and elliott management complete acquisition of. Hpe sells off noncore software assets the register.
After dell bought sonicwall the support dropped off big time, i was very unhappy to the. The new micro focus officially launches, claiming the title of the worlds seventh largest pureplay software company with. Nov 11, 2015 of the more notable mergers was the announcement that computer sciences corp. Dell india has laid off around 70 people in the dell software group dsg that was set up some nine months ago in bengaluru. This investment is being led out of evergreen coast capital, elliotts. It was formed as a result of the september 2016 merger of dell and emc corporation which later became dell emc. Sonicwall announces spin out from dell software group focused on solving next generation of cybersecurity threats facing companies. Dell sells rsa to consortium led by symphony technology. The companys most targeted sectors include information technology 45% and software 32%. Click the view details link to view further information about the file and installation instructions for downloading and installing the update. We are heavily invested for now in activeroles but support and upgrades have been pretty piss poor. Dell software group sold private equity firms aquire a portfolio of dells systems and information management, security, and analytics solutions.
Selling off sonicwall and quest software could be the next moves. Sonicwall, known for its 25 years of innovation in the cybersecurity industry, protects more than a million customer. Sonicwall announces spin out from dell software group. Dell s other units are the enterprise solutions group 27% of revenue, which include servers, networking, storage, and related services. Dell mulling divestment options to finance emc buy. Dell software group gets acquired networking spiceworks. Dell technologies has officially spun out its software group after the emc. Dell sells rsa to consortium led by symphony technology group.
Sonicwall splits from dell to become independent security. 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. Francisco partners and elliott management have announced the completion of the acquisition of dell software group and the spin out of sonicwall as an independent company. Sonicwall names new ceo as it closes dell spinout deal. Dell has acquired in 15 different us states, and 3 countries. Sonicwall completes spinoff from dell, names conner ceo.
Hewlett packard enterprise to complete software spinoff. Network security firm sonicwall has officially spun out of dell. Francisco partners and elliott management are buying the companys software assets, including it management service quest software and. Dell software was created merging various acquisitions mainly quest software and sonicwall by dell inc.
If dell sells it services business to foreign owner, a. In addition to the services sale, the company is already in talks to sell its quest software inc. New dell software owners spin out quest and sonicwall. The question now is, what is to become of the rest of dell s. Sep 21, 2016 comment on the day the dellemc acquisitionmerger completed, hpe announced it was selling off a load of noncore software assets in a spinoff merger with uks micro focus. It was also decided that one identity would grow as a new business unit within quest. Sources had told crn before the companys acquisition announcement by dell that emc had been in serious discussions to either sell or spin off. Jun 20, 2016 the deal will cover the quest software and sonicwall arms of dell, as well as other, unspecified advanced analytics, database management, data protection, endpoint systems management, identity and. Sonicwall spun off from dell software group business. Jun 20, 2016 let dell focus on hardware, and hopefully this new software company will give the software the love it needs.
Francisco partners, a leading technologyfocused private equity firm, and elliott management today announced the completion of the acquisition of dell software group and the spin. How to troubleshoot and resolve common issues with tpm. Dell s sale of quest software would not only get rid of the duplication, but it might quiet vmware investors because dell s large sales team will be pitching only their product rather than both. Sonicwall, known for its 25 years of innovation in the cybersecurity industry, protects more than a million customer networks worldwide. Dell rockstars are independent experts and technology enthusiasts who solve technical issues, assist community members, and influence new products and services. Dicker data distributes quest software in australia after dell spin off. Quest software caps off award winning first half of 2006 with multiple wins at microsoft teched.
This investment is being led out of evergreen coast capital, elliotts menlo park affiliate, which focuses on technology investing. Quest software, also known as quest, is a privately held software company headquartered in. Dell services 5%, which includes it and business services, including infrastructure, cloud, applications, and business process services, and dell software group 2%, which sells management and security. Dell board considered pc spinoff, acquisitions marketwatch. Dell sells off software to double down on its riskiest. Products, see emc products parent dell technologies. Sonicwall names new ceo after dell spinoff finance.
Dell emc until 2016, emc corporation is an american multinational corporation. After dell software group sale, one identity reinvents its. Dell spinoff secureworks readies years 1st tech ipo law360. 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. The purpose of forming the new group was to build on dells software capabilities in systems management. Sources had told crn before the companys acquisition announcement by dell that emc had been in serious discussions to either sell or spin off rsa as an independent company, with an aim for an ipo. Dell sells off software to double down on its riskiest business c dell inc. Dell sells software unit to francisco partners, elliott. Francisco partners and elliott management complete acquisition of dell software group. Sonicwall splits from dell to become independent security vendor. Dell india lays off 70 employees in software group.
Independent of the spin off and merger, hpe exited the. Oct 30, 20 dell needed to expand its software, networking, security and services offerings. View nick bonavitas profile on linkedin, the worlds largest professional community. Hewlett packard enterprise will spin off its troubled. 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 s federal services business resides primarily within perot systems an it shop founded by ross perot and a group of investors that the technology hardware maker bought in.
Our enterprise and midmarket business continues to grow at a pleasing rate which is driving demand for the solutions offered by quest, he said. Among the assets dell could sell or spin off are its services business, rsa security, sonicwall and the dell software group business it inherited from its 2012 acquisition of quest software. Jun 15, 2016 dell selling sonicwall, quest software. Dec 04, 2015 dells sale of quest software would not only get rid of the duplication, but it might quiet vmware investors because dells large sales team will be pitching only their product rather than both. At the scale of dell, the only way you were going to move the needle quicker was acquisitions, he now says. Dell spins off software division to private equity firms it pro.
Dell to sell software unit to francisco partners and elliott. Jun 20, 2016 divesting the software assets will help dell refocus its technology portfolio and bolster its balance sheet after it agreed in october to buy data storage company emc corp emc. Dell has acquired 35 companies, including 1 in the last 5 years. Csc would spin off its government services segment and merge with sra international to create the largest. President, infrastructure solutions group, dell emc. Jun 23, 2016 with the spinoff of its software group earlier this week, dell divested itself of a significant portion of its security assets. Dec 12, 2016 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. Francisco partners, a leading technologyfocused private equity firm, and elliott management today announced the completion of the acquisition of dell software group and the spin out of sonicwall. Hpe to spin off software unit, slims down as dell bulks up. Dell spins off software division to private equity firms.
Hewlett packard enterprise co completed the spin off of much of its software business early on friday, closing the door on the disastrous 2011. Hpe to spin off software unit, slims down as dell bulks up hewlett packard enterprise, one product of a recent splitup, is now itself looking to possibly split up. Dsg, which has nearly 110 people in india spread across bengaluru and hyderabad, was expected to become a 400500 people strong unit in bengaluru, but the plans were drastically scaled back following dell s. Nov 02, 2016 francisco partners and elliott management announced the completion of the acquisition of dell software group and the spin out of sonicwall as an independent company. Dell software businesses sold to private equity firms. Dell software was a division of dell with headquarters in round rock, texas, united states.
A software brand with a 30year heritage, quest will now focus on expanding its it and cloud management portfolio solutions as a separate entity. The sale of the software group is dell s latest ahead of its combination with emc corp. Francisco partners, a technologyfocused private equity firm and elliott management have announced the completion of the acquisition of dell software group and the spin off of sonicwall as an independent company. 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.
Sonicwall spun off from dell software group vendor to focus on solving next generation of cybersecurity threats by manda banda november 06, 2016, 06. 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. For dell, combining software and hardware within a single company was supposed to be like chocolate and peanut butter. Sonicwall spins out from dell software group posted by. Organisations across the world rely on dell software group s combination of topflight products, services and support to manage. Francisco partners and elliott management announced the completion of the acquisition of dell software group and the spin out of sonicwall as. Nov 01, 2016 sonicwall splits from dell to become independent security vendor. Sonicwall spins out from dell software group enterprise. Will the emc merger prompt dell to spin off its government.
A total of 12 acquisitions came from private equity firms. The deal will cover the quest software and sonicwall arms of dell, as well as other, unspecified advanced analytics, database management, data. Sonicwall announces spin out from dell software group focused. Let dell focus on hardware, and hopefully this new software company will give the software the love it needs. Private equity firms aquire a portfolio of dell s systems and information management, security, and analytics solutions.
Our business relationship commenced while we were both working at dell to spin off the dell software. The company said june 20 that it is selling quest dell software to equity firms francisco partners of san francisco and elliott. Francisco partners, a leading technologyfocused private equity firm, and elliott management today announced the completion of the acquisition of dell software group and the spin out of sonicwall as an independent company. The changes come as sonicwall closes its acquisition by francisco partners and elliott management, as part of the private equity group s acquisition of the dell software group. After dell software group sale, one identity reinvents its go. Sonicwall announces spin out from dell software group focused on solving next generation of cybersecurity threats facing companies press release november 1, 2016. The ruling involving michael dells management buyout highlights why two reputable sharevaluation experts could differ by 126%. Enterprise news, news francisco partners and elliott management revealed the completion of the acquisition of dell software group and the spin out of sonicwall as an independent company. Dell sells off software to double down on its riskiest business. Divesting the software assets will help dell refocus its technology portfolio and bolster its balance sheet after it agreed in october to buy data storage company emc corp emc. Sonicwall span off from dell software group technology. 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 spin out of sonicwall and. Why dell decided to give up its questdell software division.