Autonomy Systems Ltd
Autonomy Systems Ltd was a British software company, owned by holding company Autonomy Corporation Ltd (ACL).[1]
Autonomy was founded in 1996, based on research at the University of Cambridge.[2]
Richard Perle was a director of Autonomy Corporation Ltd from 2000 to 2010.[3] This was one of a number of directorships cited by the US press in a controversy over Perle's links with defence companies prior to his resignation as chairman of the Defense Policy Board in 2003.[4]
It was was sold to Hewlett Packard (HP) in 2011.[1] Following the replacement of HP CEO Mike Apotheker by Meg Whitman, Autonomy founder Mike Lynch was sacked in May 2012.
Hewlett Packard wrote down the value of Autonomy by £5.5 billion in November 2012, contributing to a $6.9 billion quarterly loss for the US company. lynch accused HP of blaming his management team for its own failings.[1]
Notes
- ↑ 1.0 1.1 1.2 Juliette Garside, Autonomy made 80% less UK profit than stated, Hewlett-Packard finds, theguardian.com, 3 February 2014.
- ↑ CAMBRIDGE ESSENTIAL TO AUTONOMY’S FUTURE, Business Weekly, 17 February 2011.
- ↑ Mr Richard Perle, companycheck.co.uk, accessed 1 April 2014.
- ↑ Tim Shorrock, Richard Perle's Corporate Adventures, The Nation, 3 April 2003.
