Home Former exec says HP 'bungled' the Autonomy acquisition, alleges cover-up
 

Keywords :   


Former exec says HP 'bungled' the Autonomy acquisition, alleges cover-up

2014-08-12 21:37:33| InfoWorld: Top News

Autonomy's former CFO has claimed that Hewlett-Packard is accusing him and other ex-employees of fraud in order to cover up its own failings in the disastrous 2011 acquisition. After buying Autonomy, HP took a $8.8 billion writedown on the $11.1 billion deal, citing widespread accounting improprieties at the company before the sale.

Tags: acquisition exec autonomy alleges

Category:Information Technology

Latest from this category

All news

»
24.11Portrait.Of.Pirates ver2.5
24.11Switch
24.11 / TIN
24.11duranduranALMGHTY 26.5cm
24.11straykids skzoo
24.11 4
24.11 TrioTryiT Figure21
24.11
More »