Quest moves into FastLane
- By Dan Caterinicchia, Dan Caterinicchia
- Jul 11, 2000
Quest Software Inc., a provider of software for managing business-critical
applications, recently acquired FastLane Technologies Inc. in a move designed
to offer government and industry a new choice in Windows 2000 deployment
FastLane, a producer of directory management software for Microsoft
Corp. platforms, has an impressive list of federal customers, including
the Navy, the Army, the Air Force, the Internal Revenue Service and the
Social Security Administration.
The acquisition enables Quest to offer enterprise deployments and ongoing
management of Windows 2000. It immediately makes the Irvine, Calif.-based
company a player in the Microsoft systems management market, said Vincent
Smith, Quest chairman and chief executive officer.
"Government agencies and subcontractors will be deploying Windows 2000
and Active Directory over the next couple of years. [That's] a major but
essential undertaking in order to prepare for Exchange 2000 — a business-critical
messaging application," said Scott Harlin, public relations manager for
Quest Software. "Exchange 2000 will not operate without a fully and properly
deployed Windows 2000 and Active Directory implementation."
Under terms of the agreement, Quest will acquire privately held FastLane
for a combination of cash and stock totaling about $100 million. The deal
should be complete by the end of this month or early August. FastLane, based
in Ottawa, Ontario, will operate as a separate division of Quest once the
purchase is completed.