How H-P was duped in Autonomy deal

Posted by Forexsq 1103 days ago (
img When Hewlett-Packard Co. unveiled its plan to buy Autonomy Corp. in August 2011, then Chief Executive Leo Apotheker called the British firm “a highly profitable and globally respected software company, with a well-regarded management team and talented, dedicated employees.”

Autonomy’s own Chief Executive Mike Lynch, who later joined H-P HPQ -11.24% , called the signing of the deal, now valued at roughly $11 billion, “a momentous day” for his company.

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