{"id":15459,"date":"2012-06-15T01:07:23","date_gmt":"2012-06-14T23:07:23","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=15459"},"modified":"2012-06-15T12:04:20","modified_gmt":"2012-06-15T10:04:20","slug":"dell-is-quests-strategic-bidder-source","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/hardware\/15459\/dell-is-quests-strategic-bidder-source\/","title":{"rendered":"Dell is Quest&#8217;s &#8220;strategic bidder&#8221; &#8211; source"},"content":{"rendered":"<p><a title=\"Dell Inc\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/2277-Dell\">Dell Inc<\/a> is the &#8220;strategic bidder&#8221; that offered to buy Quest Software for about $2.15 billion in cash, sources familiar with the matter said, confirming the PC maker is the unidentified acquirer Quest said was topping a rival offer by Insight Venture Partners.<\/p>\n<p>Quest shares leaped more than 9 percent to finish at $26.06 on Thursday, after the software maker said in a statement it had received an offer from a &#8220;strategic bidder,&#8221; without naming that company.<\/p>\n<p>The offer of $25.50 per share from the unidentified bidder marked a 7 percent premium to Quest&#8217;s Wednesday close of $23.86.<\/p>\n<p>On-again, off-again talks between Dell and Quest broke off last month. The PC maker at that time was planning to offer between $23 and $26 per share to buy the software maker.<\/p>\n<p>Dell declined to comment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dell Inc is the &#8220;strategic bidder&#8221; that offered to buy Quest Software for about $2.15 billion in cash, sources familiar with the matter said, confirming the PC maker is the unidentified acquirer Quest said was topping a rival offer by Insight Venture Partners.<\/p>\n","protected":false},"author":7,"featured_media":1825,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[25,3166,393,3165],"class_list":["post-15459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hardware","tag-active","tag-bid","tag-dell","tag-quest-sftware"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/15459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=15459"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/15459\/revisions"}],"predecessor-version":[{"id":15509,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/15459\/revisions\/15509"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/1825"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=15459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=15459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=15459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}