Double executive departure rocks Quest Software
#QuestSoftware has suffered a double departure at executive level, with both local and regional leaders set to exit the vendor. #ARN can confirm that vice president and general manager of APJ, Brenton Smith, and managing director of Australia and New Zealand, Klasie Holtzhausen, will leave the business in the coming weeks. The news comes eight months after #Dell confirmed plans to sell its software division – including Quest Software and #SonicWall – as part of the vendor’s shedding of assets ahead of its acquisition of #EMC. As reported by ARN in June 2016, technology-focused private equity firm Francisco Partners and #ElliottManagement Corporation signed a definitive agreement to acquire the Dell Software Group for a rumoured price of around $US2 billion. Terms of the deal saw the combined entity take control of both Quest Software and SonicWall.