Tuesday, August 10, 2010

Quest Software Completes Surgient Buy

Aliso Viejo-based Quest Software said today that it has completed its acquisition of Surgient, a developer of cloud and desktop virtualization management tools. Quest had announced its acquisition of Surgient on July 29th. No financial details of the acquisition have been announced by the firms. Surgient was venture backed by Austin Ventures, BlueStream Ventures, Crosslink Capital, Goldman Sachs, MFI Austin, and Sternhill Partners, and raised around $33.0M in capital. Quest said the acquisition will expand its virtualization management capabilities, and that it expects to announced its cloud and virtualization roadmap at the VMworld conference later this month.

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