Dell to Buy Quest Software for $2.4 billion

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To strengthen its software business, Dell announced plans to acquire Quest Software for $2.4 billion. Round Rock-based Dell, which started out as a PC company in 1984, has recently begun to diversify into more software and solutions products. Dell recently launched its software group. Quest’s software products and technology will only strengthen Dell’s move to [...]

Avnet Acquires Austin-based Ascendant Technology

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Avnet announced Monday its plans to acquire Ascendant Technology, based in Austin. Phoenix-based Avnet, an electronics component maker, did not disclose terms of the deal. Ascendant Technology, an information technology consulting firm, helps businesses create ecommerce, web content management, cloud computing and other solutions. It had revenue of approximately $90 million in 2011. Founded in [...]