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January 13, 2005

Neoware Buys Televideo

Neoware Systems Inc. (Nasdaq: NWRE) agreed to acquire the thin-client business of TeleVideo Inc. (Pink sheets: TELV) for $5 million in cash plus an additional amount based upon performance, the two companies said Monday. The deal is to close in March.

Posted by editor at January 13, 2005 02:44 PM