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Autonomy Corporation headquarters at Cambridge Business Park. HP Autonomy, previously Autonomy Corporation PLC, was an enterprise software company which was merged with Micro Focus in 2017 and OpenText in 2023 (OpenText had acquired the content management assets of Autonomy in 2016). It was founded in Cambridge, United Kingdom in 1996.
Apotheker initially saw Autonomy as a key piece of his plan to lessen HP’s dependence on selling PCs and printers during the advent of the smartphone. Evidence presented at the trial indicated that HP had internally valued Autonomy at as much as $46 billion, primarily because of its software that helped other businesses quickly find valuable ...
Whitman, who became HP’s CEO after an unsuccessful campaign to become California’s governor in 2010, ended up recognizing $8.8 billion in losses in the Autonomy deal and eventually fired Lynch ...
Mike Lynch (businessman) Michael Richard Lynch OBE DL FRS FREng (born 16 June 1965) [1] is a British technology entrepreneur, known as the co-founder of Autonomy Corporation and the founder of Invoke Capital. Lynch additionally became a co-founder, alongside Invoke Capital, of cybersecurity company Darktrace.
Hewlett-Packard spying scandal. The media descended upon HP headquarters on September 22, 2006. On September 5, 2006, Newsweek revealed [1] that the general counsel of Hewlett-Packard, at the behest of HP chairwoman Patricia Dunn, had contracted a team of independent security experts to investigate board members and several journalists in order ...
Hewlett-Packard has confirmed that the U.S. Department of Justice opened an investigation on Nov. 21 relating to Autonomy, an enterprise search company that HP acquired in October 2011. On Nov. 20 ...
British entrepreneur Mike Lynch artificially inflated revenue at his Autonomy software company before selling it to Hewlett Packard for $11 billion, the U.S. firm's lawyer told a London court on ...
The most recent acquisition in the enterprise networking segment is Aruba Networks in March 2015 for US$3 billion. On the IT services and consulting side, the largest acquisition made so far is Electronic Data Systems, in 2008 for US$13.9 billion. In the software products market segment, a stream of acquisitions has helped strengthen HP's ...