FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

Dell to buy Quest Software for $ 2.4 b Vote_lcap68%Dell to buy Quest Software for $ 2.4 b Vote_rcap 68% [ 178 ]
Dell to buy Quest Software for $ 2.4 b Vote_lcap18%Dell to buy Quest Software for $ 2.4 b Vote_rcap 18% [ 47 ]
Dell to buy Quest Software for $ 2.4 b Vote_lcap13%Dell to buy Quest Software for $ 2.4 b Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» LIOC - Indian Oil Kingpin
by kanishkaecomm Today at 11:45 am

» Exit SEMB If you are in profit good time to realise your profit
by Peris.G Today at 11:21 am

» Lanka Milk Foods PLC
by buddikasmart Today at 10:52 am

» LOLC Group Share Rise Imminent
by Swissinvest Today at 10:44 am

» SCAP 33% Upside Potential
by Swissinvest Today at 10:39 am

» ALLIANCE FINANCE COMPANY PLC (ALLI.N0000)
by buddikasmart Today at 10:38 am

» CLC and LOFC pump and dump
by Gowri123 Today at 9:26 am

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by Biggy Yesterday at 11:57 pm

» CLC placed on a Slingshot . . . !!!
by stockchaser Yesterday at 11:45 pm

» TOKYO CEMENT COMPANY (LANKA) PLC
by soileconomy Yesterday at 11:33 pm

» LIOC WILL HIT TO 38+++
by nish84 Yesterday at 11:33 pm

» Next valuable share - CIC
by cseguide Yesterday at 10:37 pm

» CLC - worth the Investment
by Winner123 Yesterday at 10:14 pm

» LOFC Direction
by Hope123 Yesterday at 9:30 pm

» SEMB.N and SEMB.X
by bkasun Yesterday at 8:41 pm

» BAIRAHA FARMS PLC (BFL.N0000)
by lion Yesterday at 6:58 pm

» Hidden Gem - GLAS - 40/- Soon
by sandamal Yesterday at 3:42 pm

» penny stock rally started
by bkasun Yesterday at 3:17 pm

» COMMERCIAL CREDIT AND FINANCE PLC (COCR.N0000)
by Gaudente Yesterday at 2:34 pm

» NP Rumored to enter SCAP
by Swissinvest Yesterday at 2:01 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Dell to buy Quest Software for $ 2.4 b

Dell to buy Quest Software for $ 2.4 b

Go down  Message [Page 1 of 1]

1Dell to buy Quest Software for $ 2.4 b Empty Dell to buy Quest Software for $ 2.4 b Thu Jul 05, 2012 2:13 am

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Reuters: Dell Inc will buy IT management company Quest Software Inc for $2.4 billion to expand its software business and decrease its dependence on the declining personal computer market.

Dell said on Monday it will pay $28 per share, trumping a bid from private investment firm Insight Ventures, adding that it expects the deal to close in the third quarter of its fiscal year 2013, which started Feb. 4.

Dell sparked a bidding war in June when it offered $25.50 per share for Quest, an enterprise management software maker, topping Insight’s initial offer in March of $23 per share.

Despite the bidding war, Brian White, an analyst at Topeka Capital Markets, said Dell paid a reasonable price in line with Street estimates of 17 times 2012 earnings per share and 15 times 2013 EPS.

Dell has said its corporate software and services business will show average annual growth of 10 percent until fiscal 2016.

The Round Rock, Texas-based company has been diversifying its revenue base in the face of weakened consumer demand, giving up low-margin sales to consumers and moving into higher-margin areas, such as catering to the technology needs of small and medium businesses in the public sector and the healthcare industry.

The company has found itself lagging larger rivals such as Hewlett-Packard Co and International Business Machines Corp in the race to become one-stop shops for corporate information technology needs.

But it has broadening its offerings with a string of acquisitions such as IT services company Perot Systems and security company SonicWall.

“The addition of Quest will enable Dell to deliver more competitive server, storage, networking and end-user computing solutions and services to customers,” said John Swainson, president of Dell Software Group.
http://www.ft.lk/2012/07/05/dell-to-buy-quest-software-for-2-4-b/

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum