Home Data Center HP to Acquire Neoware for $214 Million, Opsware for $1.6 Billion

HP to Acquire Neoware for $214 Million, Opsware for $1.6 Billion

0
0
0

HP announced that it has signed agreements to acquire Neoware Inc., a provider of thin client computing and virtualization solutions, and Opsware Inc., a data center automation software company.

HP will buy Neoware for $16.25 a share, or an enterprise value (net of existing cash) of approximately $214 million on a fully diluted basis. The company will acquire Opsware through a cash tender offer for $14.25 a share, or an enterprise value (net of existing cash and debt) of around $1.6 billion on a fully diluted basis.

The Neoware acquisition is part of HP’s strategy to expand in growth markets and further its leadership in personal computing. It will accelerate the growth of HP’s thin client business by boosting its Linux software, client virtualization and customization capabilities, expanding its regional sales footprint and broadening its hardware portfolio.

“Our objective is to become the preferred brand of thin clients and software for virtualized client computing,” said Kevin Frost, vice president, Business Desktops, Personal Systems Group, HP. “Thin clients are an important component in today’s overall computing strategy and play a critical role in HP’s virtualization strategy. Acquiring Neoware confirms our commitment to thin client computing and client virtualization solutions.”

 

 

To learn more please read the entire article at its source: HP to Acquire Neoware for $214 Million, Opsware for $1.6 Billion

 

Join the 'Delivering the Digital Workspace with VMware' Virtual Conference NOW!

More Resources:

Categories:
DABCC DABCC.com, the world leader in sharing the finest Virtualization & Cloud news and support resources. #Citrix, #VMware, #Microsoft, #Mobility and much more! Brought to you by @douglasabrown & team!
| LATEST RESOURCES

White Papers

    Big Data Performance on vSphere 6 – Best Practices for Optimizing Virtualized Big Data Applications White Paper

    Best Practices for Optimizing Virtualized Big Data Applications Best practices are described for optimizing Big Data applications running on VMware vSphere®. Hardware, software, and vSphere configuration parameters are documented, as well as tuning parameters for the operating system, Hadoop, and Spark. The Dell 12-server cluster (10 of which were dedicated to Hadoop worker processes) used in the test […]

    Downloads

      Load & Performance Testing for Citrix – Download AppLoader!

      Load testing for Citrix XenApp, XenDesktop, PeopleSoft, Java, .NET, Adobe, client-server, Oracle, Siebel, SAP, web, custom apps and more Download NRG Global’s load and performance testing solution for all applications from the end user’s perspective. This easy-to-use, script-free load and performance testing solution stresses your application with real-life traffic to accurately assess end to end […]

      On-Demand Webinars

        Managing the End User Experience with GPU Powered Insights On-Demand Webinar

        Citrix Ready Technical Webinar with eG Innovations GPU technology improves the user experience in Citrix virtual desktops and applications, but to truly deliver an immersive user experience that scales, organisations need to manage the complete GPU deployment lifecycle – from designing the infrastructure, to managing and optimising a production environment, to responding to user issues […]

        Latest Videos

          SoftNAS Cloud Demo Video for Microsoft Azure Test Drive

          Demo of SoftNAS Cloud for the Microsoft Azure Test Drive program. To learn more about SoftNAS Cloud for Microsoft Azure, visit https://www.softnas.com/azure To register for a 30-Day Free SoftNAS Cloud NAS on Azure trail, visit https://www.softnas.com/tryazurenow


          Close