Dive Brief:
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Dell is reportedly stepping up its asset sales, with several buyout firms competing over key company resources.
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KKR & Co LP, Thoma Bravo LLC and Vista Equity Partners Management LLC are reportedly vying for Dell's Quest Software as well as SonicWall.
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Divesting the assets would help Dell restock its financial reserves after it agreed to buy EMC for $67 billion in October.
Dive Insight:
Quest Software and SonicWall are each reportedly worth around $2 billion. Quest Software helps with information technology management and SonicWall is an e-mail encryption and data security provider.
Dell is also reportedly working with Citigroup on the sale of IT services company Perot Systems, which could be valued at between $5 and $6 billion.
The asset sales would help reduce the $49.5 billion of debt Dell will assume once the merger with EMC is complete. The Dell/EMC deal is expected to close by October 2016.
