Monday, October 3, 2011

HP pays $10.4 billion for controlling interest in Autonomy, which will remain autonomous

HP pays $10.4 billion for controlling interest in Autonomy, which will remain autonomous

VoodooPC. 3Com. And, perhaps most notoriously, Palm. The list of HP acquisitions grows by one today, with the purchase of UK information-software maker Autonomy, long a target of former HP chief Léo Apotheker. Apotheker, you may recall, was just ousted in favor of former eBay CEO Meg Whitman. The deal began during Apotheker's tenure and went through with HP paying just about $10.4 billion for a controlling percentage of Autonomy stock.

Engadget, HP pays $10.4 billion for controlling interest in Autonomy, which will remain autonomous