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

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

Featured Resources:

Related Articles:

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

    Microsoft Reference Architecture for a High Availability SharePoint Server 2016 Farm in Azure

    The Azure CAT Patterns & Practices team has published a new reference architecture for deploying and running a high availability SharePoint Server 2016 farm in Azure. It provides prescriptive guidance including the following topics: Architecture resources necessary for the deployment, including resources. Scalability considerations. Availability considerations. Manageability considerations. Security considerations. Like all reference architectures that […]

    Downloads

      FREE eG Enterprise Logon Simulator for Citrix XenApp and XenDesktop

      Fast, free and incredibly useful. Coming in summer 2017. 14Synthetic logon simulation tool for monitoring, diagnosis, alerting and reporting of Citrix logon performance Quick SaaS deployment – be up and running in minutes Web-based monitoring console Supports logon through StoreFront or NetScaler Gateway Best-suited for Citrix XenApp 6.5, 7.x and XenDesktop 7.x Free forever, no […]

      On-Demand Webinars

        Latest Videos

          The Power of deviceTRUST – Microsoft GPO & GPP Video

          In today’s video we would like to show you, how you can extend the Microsoft Group Policies (GPO) and Group Policy Preferences (GPP) with the information about the context of the connected device within the users’ virtual session. This will enable you to extend your condition set used within your GPO and GPP with the […]

          Views All IT News on DABCC.com
          Views All IT Videos on DABCC.com
          Win a Tesla P100D

          Visit our Sponsors!

          Close