Neoware acquired by Hewlett-Packard
Client(s) Neoware, Inc.
Jones Day advised Neoware, Inc. in its $332 million acquisition by Hewlett-Packard Company. Under the terms of the merger agreement, Neoware stockholders received $16.25 for each share of Neoware stock that they hold at the closing of the merger. Following completion of the transaction, HP plans to integrate Neoware into the Business Desktop Unit of HP's Personal Systems Group. In addition to M&A representation, Jones Day advised Neoware on the antitrust, employee benefits, intellectual property, and tax aspects of this transaction.