Quest Software and PacketTrap: Who Is the Bidder?

Quest Software and PacketTrap: Who Is the Bidder?

Quest Software and its PacketTrap managed services software business are back in the merger and acquisition news. Apparently, somebody has bid to buy Quest Software -- and the bid is higher than a previous offer from Insight Venture Partners. Quest Software's buyer could wind up competing against big virtualization companies (VMware, Microsoft and Citrix Software), IT management providers (CA Technologies, BMC) and MSP software providers. Here's the update.

Quest has not disclosed which companies or investment firms are bidding for the virtualization and IT management software provider. The latest bid is $2.14 billion, which Insight has three days to match, according to published reports. A statement from Quest Software didn't offer many details.

Published reports suggest Dell has dropped out of the bidding. Industry pundits speculate Microsoft could be eying Quest Software for its Windows-oriented management tools and Office 365 migration expertise. But I don't have a firm feel for the potential bidders.

Meanwhile, PacketTrap (Quest's MSP-focused software business) continues to march forward with its PSA and RMM (professional services automation and remote management and monitoring) suites. The PSA platform is cloud-based, while the RMM offering is on-premises. A single, end-to-end cloud offering is under development though a release date has not been disclosed.

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