Dell to buy Quest Software for $2.4 billion

ROUND ROCK, Texas, Mon Jul 2, 2012 – Dell Inc. will buy enterprise management software maker Quest Software Inc for $2.4 billion in cash.

Dell’s $28-per-share offer for Quest trumps private investment firm Insight Venture Partners’ latest offer of $25.75 per share.

Quest shares closed at $27.81 on Friday on the Nasdaq.