Five Minute Briefing - Information Management
June 20, 2012
Five Minute Briefing - Information Management: June 20, 2012. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
News Flashes
Quest Software, Inc. says it has entered into an amendment to a previously announced merger agreement with affiliates of Insight Venture Partners to add Vector Capital as a member of the buyout group, and for an increase in the offer from $23 per share in cash to $25.75 per share in cash. According to Quest, the increased purchase price represents a 33% premium to Quest's closing stock price on the day prior to the announcement of the Insight merger agreement on March 8, 2012.