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Latest Autonomy news

  • Mike Lynch joins top Autonomy execs in abandoning HP

    Under Apotheker's brief rule, British software company, Autonomy, got sold to HP for a staggering amount of money that some of the competition believed to be a ridiculous price tag. Now its founder, Mike Lynch, is leaving Hewlett-Packard, reports | TechWeek Europe. He isn't the only one.
  • HP axes 27,000 while results disappoint

    Although the results were, in general, none too rosy, surprisingly its PC division grew for its financial quarter, turning in revenues of $9.5 billion.  HP’s software division grew by over 20 percent to $970 million on the back of its takeover of British company Autonomy.
  • Oracle fluffs up its cloud in $1.9 billion Taleo buy

    HP, meanwhile, paid arguably over the odds for Cambridge-based company Autonomy - with a price tag at $10 billion.
  • 2011 exposed big holes in supply chain

    CommentDull 2011. Although much lightened by the strange case of Hewlett Packard and former SAPman Leo Apotheker.  After making a series of astonishing decisions, including one to dump its PC division, the board decided that enough was enough, and Mr Apotheker exited stage left.
  • HP profits slump as PC business stagnates

    Net income fell a massive 91 percent to $239 million, down from $2.5 billion at the same point last year as the firm splashed out big cash on the acquisition of software firm Autonomy.
  • Autonomy buy emptied HP coffers

    The firm completed a takeover of British software company Autonomy for $11.7 billion in October and has been wracking up debts like a small European nation.  According to the | Wall Street Journal this could even lead to a downgraded credit rating from lending firms.
  • ARM warns Intel that the "British are Coming"

    East seems to be wanting to send out a message to all those who failed to pay their tea tax over the pond. Following the somewhat stupid purchase of Autonomy last year, ARM is the last British technology outfit of any significance.
  • HP chiefs get takeover shakes

    Shares have been heading south since Apotheker signed the suicide note to dump the PC business, along with the TouchPad and webOS.  The $10.3 billion Autonomy purchase was also considered reckless overspending by analysts and rivals alike.
  • Oracle accuses Autonomy CEO of bending the truth

    A spat has blown up between Oracle and Autonomy CEO Mike Lynch over who is telling the truth about the controversial buy-out of the British firm by the maker of expensive printer ink HP.
  • Knives out for Leo Apotheker

    Apotheker also spearheaded a deal to buy British software maker Autonomy that many considered too costly.
  • Big Blue buys British firm

    Autonomy with HP, i2 with IBM, eh?
  • Wall Street rallies on Intel and ARM rumours

    According to the Guardian, investors thought the deal would make sense. When HP wastes £7 billion on Autonomy, why shouldn't Intel go completely barking and try and take over ARM? All eyes would appear to be on Cambridge as another promising property in the industrial park appeared up for grabs.
  • Wall Street rails against HP's Apotheker

    AnalysisWhat has got shareholder's goat is his "value destroying" $11.7 billion deal to buy British software maker Autonomy and flogging HP's PC division.
  • HP share price plummets

    Wall Street voted on HP's plan to buy Autonomy, to spin off its PC unit, to kill off WebOS and its financial results from yesterday.
  • HP manages to stun the industry three times at once

    It announced plans to dump its promising WebOS operating system, announced it was getting out of the PC business and wants to buy British business software outfit Autonomy.
  • Autonomy splashes cash for chunk of Iron Mountain

    British company Autonomy said it paid $380 million to buy important parts of Iron Mountain. It had said it was on the acquisition trail.
  • Channel is in meltdown

    Distree XXL 2011An analyst from Forrester Research, talking in the caverns of the Grimaldi Forum at a conference here in Monaco, told us why British software giant Autonomy is offering an iPad to people that apply for a job.
  • Autonomy shows it’s still a cash cow

    FinancialBritish software outfit Autonomy said it turned in revenues for its financial year ending 31st of December 2010 of $870 million, with profit before tax of $379 million.

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