Category Archives: Elliott Management

Activist investors Elliott snag 10.3 percent stake in Commvault

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Elliott Management, an investment firm long known for its activist streak, set it sights on Commvault today, purchasing a 10.3 percent stake and nominating four Elliott-friendly members to the company’s board of directors. It likely means that Elliott is ready to push the company to change direction and cut costs, if it sticks to its […] Continue reading Activist investors Elliott snag 10.3 percent stake in Commvault→

Confirmed: Dell sells software division to Francisco Partners and Elliott Management

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Dell headquarters TechCrunch has confirmed that Francisco Partners and Elliott Management have agreed to acquire Dell’s software division.
Elliott Management, Francisco Partners and Dell issued a joint press release confirming the acquisition this morning.
Rumors about this acquisition were first reported by Reuters over night. The deal involves Quest Software and SonicWall and could include other… Read More Continue reading Confirmed: Dell sells software division to Francisco Partners and Elliott Management→