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 ...
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 ...
HP: The US company had been seeking compensation over its acquisition of British tech firm Autonomy amid claims of fraud ...
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 ...
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 ...
The Silicon Valley giant said in a statement it would follow the legal proceedings “through to their conclusion.” ...
into the services-focused Hewlett Packard Enterprise and the hardware specialist HP Inc. In 2015, the company sued Mr. Lynch and Autonomy’s former chief financial officer, Sushovan Hussain ...
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 ...
HP has confirmed plans to pursue the estate of Mike Lynch, continuing a major lawsuit against the tech billionaire even after ...
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 ...