Quest Software, the Cork-based company which agreed to be bought by a group led by Insight Venture Partners, says it has received a higher offer of $27.50 (€22) a share in cash, the third buyout increase announced this year.

Dell has announced a $1.5bn (€1.16bn) deal to buy system and software company 3PAR.

New York: Dell Inc said it plans to buy data storage company 3PAR Inc for $18 per share in cash, or $1.15 billion (€897.6 million), extending its storage product offering for cloud computing.

Up to 80 jobs will be created by the establishment of a new global research and development centre in Belfast, it was announced today.