November 2012: HP takes an $8.8 billion impairment charge, linking more than $5 billion of it to serious accounting improprieties, misrepresentation, and disclosure failures at Autonomy discovered ...

Autonomy had 'serious accounting improprieties, disclosure failures and outright misrepresentations' when HP bought it, the company has said.

HP Autonomy is going through a rebirth—with a reinvigorated employee base and several ambitious new initiatives.

The former Autonomy CFO, whose company was acquired by HP, said if a judge approved a settlement over the two firms' disputes, the "real reason" for the 2012 write-down would be buried.

HP Autonomy Software boss Robert Youngjohns says the software business unit is cutting some jobs, citing a 'transition' in the Autonomy Aurasma augmented reality software business for mobile devices.

Due to the Autonomy write-down, HP reported a substantial quarterly loss. The Palo Alto, Calif.-based company said its net loss for its fiscal fourth quarter, which ended Oct. 31, was $6.9 billion.

The Autonomy sale was one of the biggest British tech deals at the time but quickly went sour, with HP writing down Autonomy’s value by $8.8 billion within a year.

HP's third quarter earnings are clouded by Autonomy's underperformance, a year after HP 'bet the farm' on software. On the one-year anniversary of HP's radical strategy change, Autonomy's earnings ...

HP is now taking an $8.8 billion charge to align Autonomy's purchase price with what HP now says is its real value. More than $5 billion of that charge is due to false accounting, HP said.

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 ...