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NEW YORK, July 23 (Reuters) Computer and printer maker Hewlett-Packard Co. on Monday said it signed an agreement to buy software maker Neoware Inc. for about $214 million.
HP said it would tender for all outstanding shares of Neoware at $16.25 per share. The enterprise value of $214 million is net of existing cash, the companies said.
HP's deal for Neoware -- which makes ''thin client'' computing systems that enable computers to run Web applications across networks, removing the need for local storage drives -- was its second of the day. Earlier it said it would buy Opsware Inc. for about $1.6 billion.
REUTERS PBB VV1951
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Story first published: Monday, July 23, 2007, 20:48 [IST]