Insight Venture Partners has raised its offer for Quest Software Inc. (QSFT), topping the $25.50-per-share bid made by an undisclosed strategic bidder earlier this month, Bloomberg News reported Monday citing a person familiar with the matter.

Reuters last week, citing sources, said Dell Inc. (DELL) was the unnamed bidder. In March, Quest agreed to be acquired by Insight for $2 billion, or $23 a share.

Full story at http://www.bloomberg.com/news/2012-06-18/insight-said-to-top-quest-s-prior-25-50-a-share-buyout-offer.html

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