HP alleges that the misrepresentations included selling low-end hardware at a loss and recording the transactions—said to account for up to 15% of Autonomy’s total revenue—as licenses for ...
HP is the latest recipient of CHIPS and Science Act funding. The Biden-Harris Administration said today that the Department ...
figures in technology out of the U.K. Lynch’s enterprise technology firm Autonomy was acquired in 2011 by HP for $11 billion — a major milestone for U.K. technology. But it quickly turned sour ...
HP accused him of cooking the books of his company Autonomy to make it seem worth billions more. He finally won — and then he, his lawyer, and his codefendant all died within days. In 2011 ...
He later said he had “no choice” but to sell Autonomy, observing that U.K. companies lacked mechanisms like poison pills to block a takeover. HP’s chief executive, Léo Apotheker ...
HP had bought Autonomy for $11.1 billion in 2011 in one of the UK's biggest tech deals. But in late 2012 the company said it ...
Lynch was cleared in June of criminal fraud in the US over the 2011 sale of software company Autonomy to what was then ...
In 1996, Lynch co-founded Autonomy Corp., a software provider that went on to become one of the U.K.’s largest tech firms. HP ...
HP launched a yearslong legal battle against Lynch following its $11.7 billion acquisition of Autonomy in 2011. A year after the deal, the group wrote down the value of its purchase by $8.8 ...
The Silicon Valley giant said in a statement it would follow the legal proceedings “through to their conclusion.” ...
However, a public feud is expected to whir on in the background as HP seeks billions of dollars ... hasn’t ruled out pursuing a payout over its botched Autonomy deal. The Silicon Valley ...
Tech tycoon Mike Lynch is dead after a superyacht disaster near Sicily. Lynch sold Autonomy to HP for more than $11 billion in 2011, sparking years of legal disputes. Take a look at Lynch's ...