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 ...
The Silicon Valley giant said in a statement it would follow the legal proceedings “through to their conclusion.” ...
Lynch was cleared in June of criminal fraud in the US over the 2011 sale of software company Autonomy to what was then ...
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 is the latest recipient of CHIPS and Science Act funding. The Biden-Harris Administration said today that the Department ...
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 ...
(The indictment stated that Lynch earned more than $800 million from Autonomy’s sale to HP, while Chamberlain made $4 million ...
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 ...
Damages haven't been determined in that case, but HP is seeking $4 billion. Lynch made more than $800 million from the Autonomy sale. Forbes pegged his wealth $1 billion in 2015, the only year he ...
The U.S. company had been seeking compensation over its acquisition of British tech firm Autonomy amid claims of fraud ...
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 ...
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 ...
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