Autonomy’s former management, including Mike Lynch, deny HP charges that they misled, practiced bad accounting and failed to disclose key information to HP prior to its acquisition of Autonomy. HP has… Read more »
Update: Hewlett Packard charges Autonomy with accounting improprieties, misrepresentations and disclosure failures and is pushing US and UK authorities to pursue criminal action. The company said $5 billion of an $8.8… Read more »
The big news out of Hewlett-Packard’s second quarter earnings call is that the company will lose 9,000 employees in FY 2012, with former Autonomy CEO Mike Lynch among the departed. Enterprise… Read more »
Despite Oracle mud-slinging, Autonomy shareholder cold feet, and a change of personnel at the top of HP, Leo Apotheker’s planned takeover of Cambridge-based Autonomy finally went through yesterday. With Oracle (a… Read more »
In all the fuss surrounding HP’s change of CEO, discussion of the previous incumbent’s decision to acquire Cambridge-based Autonomy for $10.3 billion has taken something of a back seat. Quentin Hardy… Read more »
Analysts, investors, pundits and press are still picking through HP’s news this morning. Just as IBM did in 2005, HP is seeking to get rid of its PC business. Schumpeter reminds us… Read more »