In a bid to build up market share in the performance management business, Precise Software Solutions is acquiring W. Quinn Associates in a $35 million cash and stock deal.

W. Quinn develops storage and performance management software and has a user base of 3,500 companies in 50 countries. When the merger is complete, the deal will give Precise an installation base of more than 4,000 organizations, which includes 80 Fortune 100 companies.

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