(Reuters) – Hewlett-Packard Cos senior executives were aware of Autonomy Corps accounting practices months before a whistle-blower flagged them, prompting HP to write down Autonomy, the Financial Times reported citing email records. Palo Alto, California-based HP has said it was a victim for having paid $11.1 billion to buy Autonomy in 2011. It took a […]
Hewlett-Packard completed the purchase of customer and data management software company Autonomy for $11.1 billion in October 2011. Just over a year later, the computer giant devalued the purchase by $8.8 billion, and alleged that the owners of the UK-based Autonomy used accounting improprieties to seriously misrepresent the companys actual worth. Now, thanks to an […]
By Paul Sandle LONDON (Reuters) – Mike Lynch, who sold software firm Autonomy to Hewlett-Packard for $11 billion (6.73 billion pounds), is backing a start-up focused on augmented reality – the ability to overlay information on a real-world background which some see as the next big digital craze. The technology aims to help a device […]
Latest Comments