Autonomy Systems Ltd
Autonomy Systems Ltd was a British software company, owned by holding company Autonomy Corporation Ltd (ACL).[1]
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.
