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 ...
HP had a chance to get out of the $11 billion software deal it almost instantly regretted, but missed it. According to the Wall Street Journal, outside auditors for British software maker Autonomy ...
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 ...
SAN FRANCISCO (AP) — An executive vilified by Hewlett-Packard Co. on allegations of an accounting ruse is escalating his counter-attack on the company accusing him. Pennies, an early Trump second term ...
PALO ALTO, Calif. (AP) — Hewlett-Packard’s ill-fated acquisition of software maker Autonomy will cost another $100 million, as the personal computer and printer maker prepares to settle class-action ...
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 ...
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 ...
Last year, Hewlett-Packard Co. bought the British software company Autonomy Corp. as it tries to expand its lineup of business software products while lowering its profile in consumer electronics. HP ...
When HP announced its purchase of UK analytics firm Automony for $10.4 billion back in September 2011, it shocked HP shareholders and caused many industry insiders to comment that HP was paying way ...