A practicing Oracle DBA, Jim McDaniel, designed Toad for his own use in the mid-1990s.1 He called it Tool for Oracle Application Developers, shortened to "TOAD". McDaniel initially distributed the tool as shareware and later online as freeware.
Quest Software acquired TOAD in October 1998.2 Quest Software itself was acquired by Dell in 2012 to form Dell Software.34 In June 2016, Dell announced the sale of their software division, including the Quest business, to Francisco Partners and Elliott Management Corporation.5 On October 31, 2016, the sale was finalized. On November 1, 2016, the sale of Dell Software to Francisco Partners and Elliott Management was completed, and the company re-launched as Quest Software.6
Scalzo, Bert; Hotka, Dan (February 2003). Toad Handbook. Developer's Library. Jim McDaniel. Sams Publishing. p. xiv. ISBN 978-0-672-32486-4. Retrieved 2013-10-23. I've been working on TOAD now for more than six years. Or has it been seven? 978-0-672-32486-4 ↩
"Quest Software's Acquisitions". Dell Inc. Archived from the original on 2012-02-03. Retrieved 2013-03-05. https://web.archive.org/web/20120203093601/http://www.quest.com/company/acquisitions.aspx ↩
"Dell to Acquire Quest Software". www.businesswire.com (Press release). 2 July 2012. Retrieved 2017-11-30. http://www.businesswire.com/news/home/20120702005389/en/Dell-Acquire-Quest-Software ↩
"Quest Software, its Toad tool leaping over to Dell". SearchOracle. Retrieved 2017-12-06. http://searchoracle.techtarget.com/news/2240159039/Quest-Software-its-Toad-tool-leaping-over-to-Dell ↩
Miller, Ron. "Confirmed: Dell sells software division to Francisco Partners and Elliott Management". TechCrunch. Retrieved 2017-11-30. https://techcrunch.com/2016/06/20/confirmed-dell-sells-software-division-to-francisco-partners-and-elliott-management/ ↩
"Quest Launches as an Independent Software Company Backed by Francisco Partners and Elliott Management". www.businesswire.com (Press release). November 2016. Retrieved 2017-11-30. http://www.businesswire.com/news/home/20161101005616/en/Quest-Launches-Independent-Software-Company-Backed-Francisco ↩