British software firm autonomy

Former hp boss whitman says not protecting herself in. Autonomy founder lynch blames accounting standards in hp. Last year hp sued hussain and autonomy cofounder mike. Mike lynch shows off autonomys augmented reality tool earlier this year. San francisco computer giant hewlettpackard said it has reached a settlement in a shareholder lawsuit over its 2011 acquisition of british software firm autonomy.

Autonomy was a pureplay software company, testifies former hp. Mike lynch says hewlettpackard has a problem with math. Dead man walking as hp disputes burst open in autonomy trial. Autonomy was founded in cambridge, england by michael lynch, david tabizel and richard gaunt in 1996 as a spinoff from cambridge neurodynamics, a firm specializing in computerbased finger print recognition.

One of hpes main claims against autonomy is that the british software firm hid the extent of its hardware sales while pretending to be a pureplay software company. A firm bought assets from hewlett packard enterprise. Autonomy boss lynch ramped sales ahead of hp deal, court told. Hewlett packard offloads last autonomy assets in software.

A former executive at british software company autonomy has agreed to become a cooperating witness to resolve u. Audit firms sued in hps autonomy acquisition reuters. Hewlettpackard sues mike lynch over autonomy sale in uks. Hp mired in messy allegations hewlett packard says it is doing an intense internal investigation into its disastrous acquisition of the british software company autonomy. Autonomy exfinance chief sentenced to jail for hp fraud. New details emerge in hpautonomy accounting scandal vox. Hewlett packard offloads last autonomy assets in software deal this article is more than 3 years old british firm micro focus will take on remaining software assets from hps illfated 2011. The mysterious case of hewlettpackards autonomy deal. Former hewlettpackard boss meg whitman denied on thursday she was trying to protect her own reputation when she accused the leaders of autonomy, the british software firm hp. Autonomys founder defended the british software firm s use of reciprocal deals with customers during trial testimony monday, but distanced himself from payments to a reseller for nonexistent. Hussain hid the scale of autonomys hardware sales from the market and from hp when it came sniffing around the british software company. The former chief financial officer of autonomy has been jailed for five years. It dropped nearly 25% on 19 august 2011, after hp announced a number of seemingly abrupt strategic decisions.

New details emerge in hpautonomy accounting scandal. British software boss is jailed for fraud daily mail online. Mike lynch, once hailed as britains answer to bill gates, faces. British tech entrepreneur michael lynch is still fighting off fraud allegations in the deal that made him a billionaire four years ago, when he sold his software firm autonomy to hewlettpackard. Autonomy trial a former hp senior director told londons high court yesterday that the it giants postbuyout integration of british software firm autonomy was. He cofounded search software firm autonomy in 1996 with david tabizel and richard gaunt as a spinoff from cambridge neurodynamics. Former hewlettpackard boss accused of lying in the. Computer giant hewlettpackard said it has reached a settlement in a shareholder lawsuit over its 2011 acquisition of british software firm autonomy. Defence alleges british software firms accounts underwent limited. Autonomy sale the focus of the uks biggest fraud trial.

Hp to kill touchpad, may spin off pc business, buy british firm august 18, 2011 1. Was the british software firm autonomy shopped last year to oracle before it ended up in the arms of hewlettpackard. Exautonomy cfo jailed for five years over hewlettpackard. Hp ceo leo apotheker was dead man walking as board split. A new shareholder lawsuit over hewlettpackards acquisition of british software firm autonomy has named big. In an interview with the wall street journal today, autonomys ceo mike lynch the man sometimes described as the british bill gates says oracle was never approached as a possible buyer of his company late last year. Leo apotheker would have advised hp to abandon autonomy. Autonomys introspect software is used to trawl large data sets for inf. Autonomy was the linchpin of former hewlettpackard chief executive leo apothekers strategy to integrate his companys computer and printer businesses with highermargin software. Autonomy was a pureplay software company, testifies former hp chief.

Billionaire entrepreneur michael dell has revealed that autonomy was offered to him before it was bought by hewlettpackard, but that he rejected the british software firm because it was. Exautonomy cfo jailed for five years over hewlettpackard fraud. The uks biggest fraud trial gets under way on monday with us technology giant hewlettpackard suing the former head of software firm. The insane life of autonomy billionaire mike lynch business insider. Exautonomy ceo mike lynch shoots back at hp during fraud. Hp ceo was dead man walking as board split over autonomy. The takeover of hewlett packard enterprise by britains micro focus will involve hewlettpackard offloading the final assets remaining from its 2011 purchase of the uk software firm autonomy. Hewlettpackard sues british entrepreneur in biggest ever uk fraud trial after claiming he inflated value of his autonomy software firm before selling it to them for. Former hp ceo leo apotheker has said he would have abandoned the firm s disastrous acquisition of british software firm autonomy if he had been aware of its alleged fraudulent dealings. Hp to kill touchpad, may spin off pc business, buy british. Autonomy sale the focus of the uks biggest fraud trial bbc news. A year later, it was forced to write off most of the value of the software firm. Hpes orders to expert accountant in autonomy trial. British tech billionaire mike lynch faces fraud charges in.