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Autonomy Acquisition
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HP Can Stake a Bigger Claim in The Infrastructure as a Service Market
Apr 16, 2013HP can stake a bigger claim in the infrastructure as a service (IaaS) market by creating an enterprise-friendly rival to Amazon's 'consumer' cloud, according to the head of the firm's Converged Cloud unit, Saar Gillai. HP is in the ...
Tags: HP, Computer Products
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Ray Lane Is Giving up His Role as Chairman Amid Ongoing Shareholder Disapproval
Apr 9, 2013Hewlett-Packard's Ray Lane is giving up his role as chairman amid ongoing shareholder disapproval of HP's troubled Autonomy acquisition. Lane will remain on HP's board as a director but has given up his position as chairman, HP said ...
Tags: HP Chairman, PC business, PC
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It's Been a Turbulent Decade at Hewlett-Packard, with Board Members and CEOs
Apr 9, 2013It's been a turbulent decade at Hewlett-Packard, with board members and CEOs resigning or being ousted for all manner of colorful reasons, including strategic missteps, accusations of spying on journalists and alleged sexual harassment. ...
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Hewlett-Packard's Ray Lane Is Giving up His Role as Chairman Amid Ongoing Shareholder
Apr 7, 2013Hewlett-Packard’s Ray Lane is giving up his role as chairman amid ongoing shareholder disapproval of HP’s troubled Autonomy acquisition. Lane will remain on HP’s board as a director but has given up his position as ...
Tags: Hewlett-Packard, Ray Lane, Board Chairman
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HP's Shareholders Have Voted to Re-Elect Its Entire Board of Directors
Mar 22, 2013Hewlett-Packard’s shareholders have voted to re-elect its entire board of directors, despite opposition from investors who wanted some members held accountable for recent troubles at HP, including the ill-fated acquisition of ...
Tags: HP, shareholders, Computer
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Hp's Shareholders Have Voted to Reelect Its Entire Board of Directors
Mar 20, 2013Hewlett-Packard's shareholders have voted to reelect its entire board of directors, despite opposition from investors who want some members held accountable for recent troubles at HP, including its ill-fated acquisition of Autonomy. All ...
Tags: Computer Products, HP
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HP Has Not Been Able to Innovate or Hold on to Talent in Recent Years
Mar 18, 2013HP has not been able to innovate or hold on to talent in recent years, according to former Autonomy boss Mike Lynch. Lynch, who was in charge of Autonomy when it was sold to HP in October 2011 for $11.1bn (£7bn), left the HP ...
Tags: HP, Computer Products
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HP's Purchase of Autonomy Is Under Investigation by The U.K. Serious Fraud Office
Mar 14, 2013Hewlett-Packard's purchase of Autonomy is under investigation by the U.K. Serious Fraud Office, the company said in a regulatory filing ahead of its annual meeting where there are expected to be challenges to the re-election of Chairman Ray ...
Tags: HP, software company, software
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HP's Purchase of Autonomy Is Under Investigation by The U.K. Serious Fraud Office
Mar 14, 2013Hewlett-Packard’s purchase of Autonomy is under investigation by the U.K. Serious Fraud Office, the company said in a regulatory filing ahead of its annual meeting where there are expected to be challenges to the re-election of ...
Tags: HP, Autonomy Acquisition, Investigation
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HP's Purchase of Autonomy Is Under Investigation by The Serious Fraud Office
Mar 13, 2013HP has confirmed that its purchase of Autonomy is under investigation by the Serious Fraud Office (SFO), despite Autonomy's former CEO Mike Lynch (pictured) claiming that he had heard "absolutely nothing" from the investigative body. HP ...
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Whitman Warned That There Would Be 27,000 Job Cuts by 2013
Feb 25, 2013Shares in Hewlett-Packard rose six per cent on Wall Street yesterday following better than expected results for the three months to the end of January. While sales dropped by six per cent and profits declined by 16 per cent from the ...
Tags: Hewlett-Packard, sales, company news
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U.K.'s Financial Reporting Council Launched a Probe Into Autonomy's Financial Reporting
Feb 18, 2013The U.K.'s Financial Reporting Council has launched a probe into Autonomy's financial reporting over a period of more than two years prior to its acquisition by Hewlett-Packard. Autonomy's reports from January 2009 to mid-2011 will be ...
Tags: UK, financial report, Hewlett-Packard, acquisition
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Autonomy Is to Be Investigated Over Allegations of Accounting Irregularities
Feb 17, 2013Autonomy, the software vendor led by Dr Mike Lynch (pictured) and bought by HP for $10.3bn (£7.1bn) in 2011, is to be investigated over allegations of accounting irregularities. The Financial Reporting Council (FRC) has revealed it ...
Tags: Autonomy, software, company news
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HP Will Continue to Evaluate Divestitures of Underperforming Parts of Its Business
Jan 5, 2013Hewlett-Packard will continue to evaluate potential divestitures of underperforming parts of its business, and the process could get messy, the company warned its investors in its annual 10-K document, which was filed in late December. ...
Tags: HP, potential divestitures, business, underperforming parts
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The U.S. Department of Justice Is Investigating Its $10.3 Billion Acquisition of Autonomy
Jan 5, 2013HP said in a legal filing Thursday that the U.S. Department of Justice is investigating its $10.3 billion acquisition of enterprise search company Autonomy, which HP alleges inflated its value through accounting tricks. HP also said it ...
Tags: HP, U.S.Department of Justice, acquisition, DOJ investigation