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A U.K. High Court has ruled that Hewlett Packard Enterprise is owed over 700 million pounds from the estate of British tech ...
Hewlett Packard is owed more than 700 million pounds ($944 million) from the estate of the late Mike Lynch and his former ...
Hewlett Packard is owed nearly $1 billion by the estate of the late Mike Lynch and his former business partner over HP’s ...
Hewlett Packard is owed more than 700 million pounds ($944 million) from the estate of the late Mike Lynch and his former ...
Unpicking the Autonomy acquisition reveals some interesting nuggets that better explain HP's decision to acquire. This analysis paints a positive picture so could be wrong. Time will tell.
Autonomy -- HP's third largest acquisition ever at $11.7 billion -- remains a key but uncertain piece of CEO Whitman's restructuring efforts.
HP Autonomy’s core platform, IDOL, is called the OS for human information because it offers a single processing layer for all that data.
The Autonomy nameand products: Autonomy makes infrastructure software in areas such as data management, search and archiving. Coupled with HP servers and services, the goal was to create a ...
HP claims that Autonomy inflated its revenues and a court found that Mr Hussain made false statements to investors about the company ahead of the deal in 2011.
It led HP, which paid some $12 billion for Autonomy in August 2011, to write down the deal off its books some 15 months later wiping out some $8.8 billion in company value.
Then, on Nov. 20, HP stunningly announced it had written down $8.8 billion for Autonomy, with more than $5 billion for “accounting improprieties, misrepresentation and disclosure failures ...
Maybe HP’s $10 billion bid for enterprise software-infrastructure star Autonomy isn’t so crazy after all. After all, Autonomy gives HP a roster of 20,000 global enterprise-software clients ...