Neoware Acquires Qualystem Technology S.A.S.
Tuesday, 05 April 2005 by Michel Roth
Neoware Systems today announced that it has acquired all of the outstanding shares of privately-held Qualystem Technology S.A.S., a software company based in Paris, France. Qualystem Technology develops and markets software that streams Windows and application components on-demand from a server to personal computers. Neoware paid 3.0 million euros in cash, plus transaction costs and a potential earn-out based upon performance.

"By acquiring Qualystem, Neoware can help enterprise customers improve the security and management of their desktops, while expanding Neoware's portfolio of software solutions," stated Michael Kantrowitz, Chairman and CEO of Neoware. "Their talented staff and innovative products enhance Neoware's software solutions while significantly broadening our market opportunity."

Read more here.

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