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Insight Venture Partners outbids Dell for Quest Software at $25.75 per share in cash

Quest Software has accepted a sweetened $2.17-billion bid to be acquired by Insight Venture Partners (partnering with Vector Capital). The buyout group offers stockholders $25.75 per share in cash. This increased purchase price represents a 33-percent premium to Quest’s closing stock price on the day prior …

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Nicira Comes Out Of Stealth Mode With “Game-Changing” Network Virtualization Platform

Backed by top-tier VCs such as Andreessen Horowitz, NEA and Lightspeed Venture Partners, network virtualization company Nicira has publicly unveiled its Network Virtualization Platform (NVP),


Puppet Labs Scores $8.5M In New Funding From Cisco, Google Ventures And VMware

Puppet Labs, a provider of IT automation software for system administrators, today announced the closing of $8.5 million in Series C financing. New investors Cisco, Google


How Citrix Aims To Drag SMBs Into The ‘Cloud Era’

Citrix today announced a new set of products, solutions and programs designed to help small and medium businesses move from the PC Era to the


Cisco, Citrix Join Forces To Deliver Rich Media-Enabled Virtual Desktops

Cisco and Citrix Systems have announced that they have entered into a strategic alliance to develop and deliver solutions that help customers simplify and


IBM Buys System Software Company Platform Computing

IBM yesterday announced that it has entered into a definitive agreement to acquire Platform Computing, a privately held company headquartered in Toronto, Ontario, Canada. Platform Computing


Red Hat Gains Gluster To Better Manage Explosion Of Big Data

Red Hat, Inc. today announced that it has signed a definitive agreement to acquire Gluster, Inc., a leading provider of scale-out, open source storage solutions


VMware Announces New iPad, Android Apps From SlideRocket And Socialcast

Advancing its vision for the future of applications in the post-PC era, VMware today announced new iPad and updated Android applications from SlideRocket and


Red Hat’s Q2 2011: $281.3 Million In Revenue, $40 Million In Net Income

Red Hat, provider of open source solutions, has announced financial results for its fiscal year 2012 second quarter ended August 31, 2011. Total revenue for


Adaptivity Raises $6 Million; Lee Congdon Joins Board; Robert Macfarlane Joins As New CTO

Adaptivity, which provides an intelligent IT blueprinting software suite, announced today that it has raised an additional $6 million of venture capital financing from Intel Capital, Intersouth

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