Quest Software, which used to concentrate on producing software
tools that made dealing with complicated Oracle database deployments
bearable, continues to add to its catalog of cloud computing management
products.
The Aliso Viejo, Calif.-based company Jan. 18 announced it has
completed the acquisition of data protection software maker BakBone
Software, headquartered in San Diego. The $55 million all-cash
transaction originally was announced Nov. 9.
BakBone shareholders received 33 cents per common share -- the amount
at which the stock closed on Jan. 18 -- and $1.29 per preferred share.
Quest's stock closed at $27.94 on Jan. 18.
Quest has steadily been building up its intellectual property in cloud
systems and storage management. In August 2010, Quest acquired private
cloud management specialist Surgient. In July 2010, the company picked
up Völcker Informatik AG, a privately held identity management
solutions provider based in Germany.
Quest's product line already includes virtualization controls—the
vOptimizer Pro and vFoglight management tools—from Vizioncore, an
acquisition it did two-and-a-half years ago.
The acquisition of BakBone gives Quest new versatility to provide data
protection across various types of physical, virtual and
application-level environments, communications director Ken Montgomery
told eWEEK. It also gives Quest features such as deduplication, backup
and replication and other necessary IP to enable the company to compete
in the cloud-enabled storage market.
BakBone's NetVault brand provides the features noted above plus
disk-based and tape backup. Quest will market and sell the BakBone
products, rebranded as Quest NetVault, as both a suite and individually
available solutions, Montgomery said.
"The BakBone acquisition complements Quest Software's growing storage
management portfolio, which includes products such as vRanger and
LiteSpeed," said Lauren Whitehouse, senior analyst at Enterprise
Strategy Group.
"BakBone's technology, such as deduplication, tape media management,
and backup and replication support for physical systems will enhance
Quest's solutions, providing Quest a feature 'leap frog' to be
competitive in heterogeneous environments."