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PALO ALTO, Calif. -- HP today announced that it has completed itsacquisition of Neoware Inc., a provider of thin client computingand virtualization solutions, at a fully diluted, enterprise value(net of cash) basis of approximately $214 million.

With the acquisition ofKing of Prussia, Pa.-based Neoware, HP plans to use the best ofboth companies’ technologies to create thin clients that are easierto deploy, more secure and more affordable. The deal will alsoextend HP’s regional sales reach.

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Neoware introduced the new m100 thin client notebook with no hard drive. The files and applications will be stored on the server. The Neoware m100 notebook is essential for organizations that. Neoware Computers Inc is a North Dakota Business Corporation filed on August 30, 2010. The company's filing status is listed as Not Good Standing and its File Number is. The Registered Agent on file for this company is Brock Backer and is located at 111 3rd St Sw Apt 3, Lidgerwood, ND. THE Neoware M100 is a machine for the security paranoid. When rigged for full lockdown, this notebook forces all document saves to be pushed online or to a network, so that if you leave it in the. Neoware unveils laptop-like thin client. HP looks to get its software house in order. What's a toned client? Join the Network World communities on Facebook.

Thin clients provide ahigher level of security, can reduce maintenance costs, and consumeless electricity compared to other desk-based computing productsbecause they contain no local data, no moving parts, utilizelow-power components and connect over a network to remote blade PCsand servers where data processing and storage occurs.

“The integration of Neowarewill enable us to offer the industry’s broadest portfolio of remoteclient solutions that deliver the most secure, reliable and easilymanaged computing infrastructure available today,” said KevinFrost, vice president, Business Desktops, Personal Systems Group,HP. “Our top priority is to ensure that Neoware and HP deliveruncompromised product and business continuity to our combinedcustomers.“

Prior to the acquisition,HP was the worldwide leader in each of the Microsoft Windows® XPe,Windows CE and Linux thin client categories. Acquiring Neoware isexpected to boost HP’s thin-client business in the areas of Linuxsoftware, client virtualization and customization capabilities.

Under the terms of themerger agreement, Neoware stockholders will receive $16.25 for eachshare of Neoware stock that they held at the closing of theacquisition and the company will be integrated into the BusinessDesktop unit of HP’s Personal Systems Group.

Microsoft andWindows are U.S. registered trademarks of Microsoft Corp. Neowareis a trademark of Neoware, Inc.

This news releasecontains forward-looking statements that involve risks,uncertainties and assumptions. If such risks or uncertaintiesmaterialize or such assumptions prove incorrect, the results of HPand its consolidated subsidiaries could differ materially fromthose expressed or implied by such forward-looking statements andassumptions. All statements other than statements of historicalfact are statements that could be deemed forward-lookingstatements, including the expected benefits and costs of thetransaction; management plans relating to the transaction; anystatements of the plans, strategies and objectives of managementfor future operations, including the execution of integrationplans; any statements of expectation or belief; and any statementsof assumptions underlying any of the foregoing. Risks,uncertainties and assumptions include the possibility that expectedbenefits may not materialize as expected; that Neoware's businessmay not perform as expected due to transaction-related uncertaintyor other factors; that the parties are unable to successfullyimplement integration strategies; and other risks that aredescribed in HP's and Neoware's Securities and Exchange Commissionreports, including but not limited to the risks described in HP'sQuarterly Report on Form 10-Q for the fiscal quarter ended July 31,2007 and Neoware's Quarterly Report on Form 10-Q for the fiscalquarter ended June 30 2007. HP assumes no obligation and does notintend to update these forward-looking statements.

© 2007Hewlett-Packard Development Company, L.P. The information containedherein is subject to change without notice. HP shall not be liablefor technical or editorial errors or omissions containedherein.

THE Neoware M100 is a machine for the security paranoid. When rigged for full lockdown, this notebook forces all document saves to be pushed online or to a network, so that if you leave it in the back of a cab or in an airport lounge there's no sensitive data to fall into the wrong hands.

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The M100 belongs to Neoware's line of thin-client computers, which are boxes with minimal hardware that rely on a network for their applications and storage. Advantages over their fatter, standard PC brethren include better security, almost complete control over what users can have or not have, and cheaper, greener operating costs.

Recognising that some thin-client-shod computer people might need to move around while they work, Neoware, which has just been bought by Hewlett-Packard, put together the M100.

Here is one simple notebook. It has no moving parts, so no hard drive, no cooling fan and no optical drive. With nothing moving inside except bits around circuits, there's a lot less to go wrong than with a conventional laptop, and the M100 will probably do well in the school of hard knocks that is the lot of a travelling notebook.

The single-core, fanless, 800MHz Via Eden x86 compatible processor is designed for simplicity and low-power operation rather than grunt, and the design expectation is that the M100 would mostly rely on a server to do the computational heavy lifting.

The notebook's operating system - either the embedded version of Windows XP or Linux - sits on either 512MB or 1GB of flash ROM with either 256MB or 512MB of DDR2 RAM. Neoware recommends at least the 512MB/512MB version for XPe, although the review machine came with XPe and 512MB/256MB, which may have explained why it kept running low on memory during standalone operations.

For those times when a network connection is not available, such as airline travel, the M100 can run as a standalone machine if the user has been given the required system privileges - mainly the right to access USB flash drives.

Running its own game, the M100's performance was OK for basic apps such as web browsing and desktop productivity suites, but don't expect it to play games beyond the likes of solitaire.

Unfortunately, while the Neoware notebook is technically a thin client, at 2.5kg it weighs a lot more than many fully featured conventional notebooks.

The M100's pork was annoying, even for a notebook with a 15.1in screen, although more svelte creations are said to be coming from Neoware later this year.

As well as being heavy for a bare bones notebook, the M100 has a fat footprint, measuring 318mm by 277mm by 36.7mm. It wears a simple black and brushed-silver finish and a basic keyboard.

There's a PCMCIA slot, headphone and microphone sockets, modem and ethernet ports and a VGA out. Hanging mice, memory sticks, broadband adaptors, extra keyboards and other USB goodies off the M100 won't be a problem as it sports five USB ports. However, annoyingly, there's no Bluetooth networking.

SPECIFICATIONS
Features: Thin client notebook with no moving parts. Windows XP embedded version, fi ve USB ports, Via Eden 800MHz processor, 512MB flash ROM, Wi-Fi b/g, 15in LCD screen
Maker: Neoware
Price: $1249
More at:www.neoware.com
Rating: 6/10

Conclusion

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SIMPLE, secure, low-power notebooks such as the M100 are likely to become more and more attractive for business travel and educational use, especially as wireless broadband networks grow and data access charges drop.

The Neoware M100 is a fair first attempt at creating a robust, thin-client-style notebook, but it's just too big and heavy for a machine with no moving parts, and its $1249 price tag also seems a tad weighty for a machine with such simple specifications.

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It will be interesting to see what Neoware comes up with for its next generation of mobile thin clients.

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Originally published asNeoware notebook for data lockdown