Quest Software, Inc. and ScriptLogic Corporation announced a definitive agreement for Quest to acquire ScriptLogic in a cash transaction valued at approximately $90 million. The union is a natural fit for Quest, a provider of database, applications and Windows management solutions and privately-held ScriptLogic, a provider of systems lifecycle management solutions for Windows-based networks. The acquisition is subject to customary closing conditions and regulatory approvals, including expiration or termination of the Hart-Scott-Rodino waiting period and is expected to be completed early in the third quarter of 2007.
In addition to expanding Quest's presence in the small- and medium-sized business (SMB) space, the deal broadens Quest's capabilities to support both Windows server-based and client-side needs as well as allowing ScriptLogic to benefit from Quest's global footprint and extensive presence and knowledge in the Windows market.
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