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What is Quest owned by?
Clearlake Capital Group

Quest Software was bought out by Clearlake Capital Group on Nov 29, 2021 .Clearlake Capital

On November 29, 2021, Clearlake Capital bought Quest from Francisco Partners for $5.4 billion, including debt.Meta Quest 3, announced by Mark Zuckerberg on an Instagram post on June 1, 2023, is the company's next-generation virtual reality (VR) and mixed-reality headset. Meta Quest is the branding assigned to a series of VR headsets developed by Meta Platforms, the company formerly known as Facebook.

Is Quest a Microsoft product : Quest is the only company with end-to-end products for your next migration, management and security challenges across any Microsoft platform, including Active Directory and Office 365 workloads such as Teams, SharePoint, OneDrive for Business and Exchange.

Is quest still owned by Dell

Is quest owned by Dell : Dell bought Quest Software in July 2012 for $2.36 billion—its largest acquisition ever—and anointed it the new crown jewel of the company. “Dell is now an international-class software company,” Mr. Dell told eWEEK in 2012.

Quest Software acquired by private equity firm Clearlake for reported $5.4B. Quest Software Inc., a former Dell Technologies Inc. business unit, is being acquired by private equity firm Clearlake Capital Group. Aliso Viejo, California-based Quest announced the deal today without disclosing financial terms.

Dell bought Quest Software in July 2012 for $2.36 billion—its largest acquisition ever—and anointed it the new crown jewel of the company. “Dell is now an international-class software company,” Mr. Dell told eWEEK in 2012.

Why did Meta buy Oculus

Facebook acquired Oculus VR Inc. in 2014 with the intention of venturing into the field of virtual reality (VR) technology. At the time of the acquisition, Oculus was a leading company in the development of VR headsets and software.Oculus was a virtual reality company founded by Palmer Luckey in 2012. It was acquired by Facebook, now known as Meta, in 2014 for $2 billion in cash and stock. Luckey is the designer of the Oculus Rift VR headset that was later rebranded as Meta Quest.Selling such assets as the Quest/Dell (database tools and systems management), SonicWall (network security) AppAssure (data backup) and its services business (formerly Perot Systems) will help the company reduce the debt load.

In 2003 the company was renamed Dell Inc. to signify a move into the broader consumer electronics market. Dell's dominance in the market began to falter, however, and the company returned to private ownership in 2013, when Michael Dell and the private equity firm Silver Lake Partners purchased it for $25 billion.

Is Meta replacing Oculus : Is Meta replacing Oculus Meta renamed the Oculus VR headset as the Meta Quest soon after purchasing Oculus in 2014. Meta has since released the Quest 2 and Quest Pro headsets and is debuting the Quest 3 later this year.

Is Oculus still Meta : The company also teased a "high-end" mixed reality headset codenamed "Project Cambria". As a result, CTO Andrew Bosworth announced that the Oculus brand would be phased out in 2022; all Facebook hardware products will be marketed under the Meta name, and Oculus Store would be renamed Quest Store.

Does Dell still own Quest

Quest Software acquired by private equity firm Clearlake for reported $5.4B. Quest Software Inc., a former Dell Technologies Inc. business unit, is being acquired by private equity firm Clearlake Capital Group. Aliso Viejo, California-based Quest announced the deal today without disclosing financial terms.

Dell is owned by its parent company, Dell Technologies.After weeks of rumored talks, Dell has announced its sale to Microsoft, Silver Lake Partners, and founder Michael Dell for $24.4 billion, the biggest leveraged buyout since the 2008 financial crisis. The company went for $13.65 per share to its investors, according to DealBook's Michael De La Merced.

Is Meta VR dying : Although the hype around the metaverse has died down, the metaverse is not dead – yet. The technology remains in its awkward phase, showing promising development but not enough impact to attract and engage users meaningfully.