WebHewlett-Packard's purchase of British software firm Autonomy would quickly go down as a really bad business acquisition. A year after the deal, HP took an $8.8 billion impairment charge and accused Autonomy of "outright misrepresentation," alleging "serious accounting improprieties." At the center of it all is Autonomy's founder and CEO Mike Lynch, who has … WebJan 28, 2024 · Mike Lynch fraud trial. Hewlett Packard (HP) has won a multibillion-dollar fraud case over its acquisition of a British software company. Cambridge-based …
Sovereignty in the dock as Autonomy’s Mike Lynch battles the US
WebMar 25, 2024 · The civil case is over the £8.4bn sale of the software firm to Hewlett-Packard (HP) in 2011. HP alleges that Autonomy founder Mike Lynch and chief financial officer Sushovan Hussain inflated the ... WebJul 22, 2024 · The founder of UK software firm Autonomy can be extradited to the US to face charges of conspiracy and fraud, a London court has said.The BBC reports: Mike Lynch … cheap date night atlanta
Autonomy sale the focus of the UK
WebJan 29, 2024 · Dr Mike Lynch, who sold the software company to Hewlett Packard (HP) for $11bn in 2011, is wanted to face trial in the US on allegations he artificially inflated Autonomy's value before the sale ... WebJan 16, 2024 · In 2011, HP bought Autonomy, a maker of software to keep track of unstructured data, founded by Mike Lynch in the UK – for $11bn. After the buyout, the US IT titan wrote down the value of Autonomy by $8.8bn, claiming the British firm had "misrepresented" its value. Lynch, Autonomy CEO at the time of the biz gobble, denies this. WebJan 28, 2024 · Hewlett Packard (HP) has won a multibillion-dollar fraud case over its acquisition of a British software company. Cambridge-based Autonomy was sold to the … cutting edge sabc 1 live in lusikisiki