Dell will sell its software division to private equity firm Francisco Partners and the private equity arm of activist hedge fund Elliott Management, reportedly for more than $2 billion. The agreement ...

We’ve watched the IT industry transform itself in the last few decades, moving from the idea of having everything fully integrated to a more best-of-breed “a la carte” style of computing solutions.

In a push to become a software player, Dell won a bidding war for Quest Software as it aims to bolster its data center software. The final price tag: $28 a share, or $2.4 billion. Dell had been ...