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Hewlett-Packard slams ex-Autonomy exec, says it will sue
2014-08-04 21:33:37| InfoWorld: Top News
Hewlett-Packard has fired back at a former Autonomy executive who is attempting to block the settlement of a number of shareholder lawsuits filed over HP's disastrous acquisition of the infrastructure software vendor. HP bought Autonomy in 2011 for more than $10 billion, but later wrote off $8.8 billion of the purchase price after discovering what it called serious accounting irregularities on the part of Autonomy prior to the deal.
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Category:Information Technology