Quest Software To Acquire Surgient - InformationWeek
IoT
IoT
Software
News
8/3/2010
01:20 PM
Connect Directly
Twitter
RSS
E-Mail
50%
50%
RELATED EVENTS
4 Keys to Improving Security Threat Detection
Dec 15, 2016
In this webinar, Ixia will show how to combine the four keys to improving security threat detectio ...Read More>>

Quest Software To Acquire Surgient

Acquiring the Surgient Automation Platform would allow Quest to expand in the self-provisioning and virtualized server management market.

Quest Software of Aliso Viejo, Calif., plans to acquire virtualization vendor Surgient for an undisclosed amount by the end of the third quarter.

The Austin, Texas, firm produces the Surgient Automation Platform. With the acquisition, Quest will be able to move deeper into the self-provisioning and virtualized server management market where it plans to become an on-premises, private cloud software supplier, Quest spokesmen said. "Since 2003, Surgient has developed an impressive array of patented technologies and products. When the acquisition is complete, our customers will have the platform they need to not only quickly implement private cloud infrastructures, but also support them effectively," said Doug Garn, CEO and president of Quest Software, in the announcement.

Quest already is a player in the database management and applications management fields. In May 2009, Surgient launched a virtual machine self provisioning product to complement its virtual lab manager for software test and development. The self-provisioning feature was designed to work with Microsoft's System Center Virtual Machine Manager and Hyper-V hypervisor, frequently used by developers.

Quest Software already has a virtualization product line in the field through its Vizioncore unit, maker of vOptimizer Pro and vFoglight management tools. VRangerPro is a leading backup and recovery product in VMware environments. Quest says it is now one of the largest virtualization management software vendors with 20,000 customers.

On July 29, Quest reported revenues for the second quarter ended June 30 of $186.1 million, a 13.3% increase compared to $164.3 million the year before. New license revenues grew 25.1% to $77.1 million. Operating margins increased to 17.7% compared to 15.9% in the preceding quarter.

Surgient customers include Merck, Raymond James, Hewlett-Packard, EMC, CA, Iron Mountain, IBM, GE, Intuit, Microsoft, and SAP.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
Top IT Trends to Watch in Financial Services
IT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on InformationWeek.com for the week of November 6, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll