Francisco Partners and Elliott Management announce definitive agreement to acquire Dell Software Group

20Jun 2016 by richard@baronsoftware.com

 

<h2>On Monday (June 20th, 2016), Francisco Partners and Elliott Management announced they have signed a definitive agreement to acquire the Dell Software Group. This transaction includes Dell’s Statistica, Systems and Information Management and Security business units.</h2>

Dell will remain a significant reseller and partner of our world class technologies, but at this time we feel that creating a software specific business as an independent company represents the best possible option to accelerate the growth of the business units and to serve our employees, customers and partners.

This represents a significant change for our business but one we are excited about. Francisco Partners and Elliott Management have a long history of driving innovation and growth of its partner companies. Statistica will stay focused on the path of delivering value for our customers and partners with innovative advanced analytics technologies.

  • Customers are the life blood of the Statistica business. With over 30 years of operating history, we are focused on serving our customers with the highest quality software, the most forward looking and aggressive product roadmap and the most flexible approach to building business relationships with existing and new customers.
  • The past 2 years have been very exciting for the Statistica team. Being named as a Leader in the Gartner Magic Quadrant for Advanced Analytics has been a great honor and in June 2016, Statistica was recognized as an “overall experience leader in both Customer Experience and Vendor Credibility models” based on Dresner’s Wisdom of Crowds Business Intelligence Market Study.
  • The most recent release of Statistica, V13.1, has been widely recognized as a driver of innovation for the global Advanced Analytics market. The Statistica team is leading the way in analytics for the Internet of Things (IoT), and in making analytics easier to use for the new class of users referred to as Citizen Data Scientists.

While it will take some time to close the transaction, we will be sure to communicate with you regularly to give updates on progress. Until the transaction is completed there are no changes to the way business is performed.

I look forward to continuing our relationship and sharing more details of this exciting news as it becomes available. As always, we remain committed to shared success, growth and innovation.

Please see the press release for more details, and contact your Account Manager with any questions you may have.

Regards,
John K. Thompson
General Manager & Executive Director, Dell StatisticaDell