Autonomy founder was scapegoat for HP's incompetence, court told
Hewlett-Packard botched its $11.1 billion acquisition of Autonomy and then tried to cover up its own mismanagement by accusing the founder Mike Lynch of fraud.
Autonomy - News, Features, and Slideshows
News about Autonomy
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Autonomy founder set for $5B HP court showdown
Mike Lynch faces HP in London's High Court on Monday in a multi-billion dollar showdown over the tech giant's purchase of the Autonomy software business he founded.
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HP will pay $US100 million to settle Autonomy-related lawsuit
The ongoing saga surrounding HP's ill-fated Autonomy acquisition continued on Tuesday with the company's announcement that it will pay $US100 million in a settlement agreement with PGGM Vermogensbeheer B.V.
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The Upload: Your tech news briefing for Wednesday, April 1
Amazon wants you to push its buttons...HP sues former execs for $5 billion...Belgians say Facebook is flouting laws... and more tech news.
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HP hits former Autonomy execs with $US5bn suit
The UK's Serious Fraud Office may have dropped its investigation of software firm Autonomy earlier this year, but that doesn't appear to have done much to allay HP's ire. HP -- which acquired Autonomy in 2011 -- has confirmed that it plans to sue Mike Lynch and Sushovan Hussain, Autonomy's former CEO and CFO, for $5.1 billion.
Features about Autonomy
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The State of HP, as told by Meg Whitman
Hewlett-Packard is in the midst of a very public turnaround. This week, CEO Meg Whitman spoke to analysts about it. Her message -- and the way she delivered it -- should inspire HP customers and consumers at large.
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