Monday 29 April 2013

HP steps up action over Autonomy - Telegraph.co.uk

Autonomy, which specialises in searching "unstructured data" such as voicemails, texts and video, has been accused by HP of using serious accounting improprieties to wilfully misrepresent the business and inflate the price of the 2011 deal. HP made the allegations in filings to the Serious Fraud Office and America's Securities and Exchange Commission last month, as it wrote off $8.8bn, including more than $5bn on the value of Autonomy.

No comments:

Post a Comment