For Dell, the future is data.
The company, best known for selling affordable personal computers, announced on Monday a $2.4 billion purchase of Quest Software. The deal will form the backbone of Dell’s software business and push it deeper into the higher-margin enterprise market.
Quest is an uncharacteristically large acquisition for Dell, which has done only one other multibillion-dollar deal in its history. But Quest is the latest in a string of enterprise deals for Dell. Since February, the computer maker has announced six transactions, including SonicWall, a network security business and AppAssure, a security software maker.
“The addition of Quest will enable Dell to deliver more competitive server, storage, networking and end user computing solutions and services to customers,” John A. Swainson, president of Dell’s software group, said in a statement.