We continue our exploration of the continuing saga of the most disastrous business deal of the 21 st century, the HP acquisition of Autonomy. We have reviewed the history of the transaction up to the ...
Former Autonomy CEO Michael Lynch, standing trial in San Francisco on charges he used accounting trickery to dupe Hewlett-Packard into buying his company for $11 billion in 2011, testified Tuesday ...
It's not every day that a company plunks down $10 billion and the news becomes a sidebar. But that's what happened last week when Hewlett-Packard Co. said it will acquire Autonomy for that amount. The ...
After HP announced an investigation into its purchase of the software company, Autonomy founder says, "We can confirm that we have as yet had no contact from any regulatory authority." Dara Kerr was a ...
Former Autonomy CEO Mike Lynch is calling on HP's board of directors to back up its allegations of $5 billion in accounting improprieties at Autonomy with "specific" data. The maverick entrepreneur, ...
Hewlett-Packard’s bombshell revelation that it would take a $8.8 billion non-cash writedown after allegedly discovering major accounting fraud related to its Autonomy business unit has rocked the tech ...
Hewlett-Packard surprised many investors and channel partners last September when it acquired U.K.-based information management software vendor Autonomy for $10.3 billion. Since then, HP has rolled ...
The UK’s Serious Fraud Office may have dropped its investigation of software firm Autonomy earlier this year, but that doesn’t appear to have done much to allay HP’s ire. HP — which acquired Autonomy ...
After HP fired CEO Leo Apotheker, there "was total chaos and paralysis for weeks," former Autonomy CEO Michael Lynch testified Tuesday. "There was no transition plan, no handing over of the Autonomy ...
Last week, former Autonomy Corporation PLC founder Mike Lynch was found to be extraditable to the US by a UK court for his alleged fraud in the company’s acquisition by Hewlett-Packard Company (HP).
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