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Dell raises bid offer for Quest

26 Jun 2012 12:00 AM | Anonymous

Quest Software, who specialises in IT management software, has received an increased offer from Dell, according to a unnamed source speaking to Reuters.

Currently a unnamed group, named as Dell by the source, and a group led by Insight Venture Partners are competing for the acquisition of Quest.

Dell has reportedly increased its offer to $27.50 per share as the computer giant seeks to increase its portfolio of companies and turn away from personal computers with the growth of mobile devices.

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