HP to purchase two software companies - PC Retail

HP to purchase two software companies

Opsware and Neoware targets of vendor's $1.8 billion spending-spree
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HP has confirmed that it is to buy its way into the software market with bids of $1.6 billion (£800 million) for Opsware and $214 million (£107 million) for Neoware.

Opsware, which makes software for automating data centre administration tasks such as sending out security patches and installing operating systems on a large number of servers. Neoware on the other hand makes thin client and virtualisation software for centralizing management of corporate desktop computers.

According to the company, the bids for Opsware and Neoware are part of HP's strategy of offering a comprehensive software line for managing corporate data centres.

"The addition of Opsware is expected to enhance HP's standing as one of the world's leading software companies and drive profitable growth for HP," executive vice president of HP's Technology Solutions Group, Ann Livermore said in a statement.

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