A new document, being waved angrily by former Autonomy boss Mike Lynch appears to question how the maker of expensive printer ink wrote down the value of Autonomy.
HP conducted a re-basing exercise after Lynch left. The process was led by Chris Yelland, a senior HP executive who had been parachuted in to Autonomy shortly after the acquisition and went on to run its finance team. more»
A US judge is not happy about a proposed agreement struck between HP and plaintiff shareholders to settle a lawsuit over the computing giant’s acquisition of Autonomy.
US District Judge Charles Breyer rejected several million dollars in fees that shareholder attorneys would have recouped under the settlement. more»
Pundits are grabbing their popcorn as the opening rounds of handbag swinging between HP and the former owners of Autonomy begin in earnest.
HP wants to sue former Autonomy Chief Financial Officer Sushovan Hussain as he seeks to block HP’s settlement of three shareholder lawsuits over its purchase of the British software outfit. more»
Autonomy’s former chief financial officer is seeking to block the maker of expensive printer ink, HP from settling three shareholder lawsuits over its troubled purchase of the British software company.
Sushovan Hussain, said the “collusive and unfair” settlement in which HP officials are wrongly absolved of a $8.8 billion writedown. more»
At its Global Partner Conference event here in Sands conference centre in Las Vegas today, HP boldly said it will spend $5.1 billion on the channel, worldwide, in financial year 2013. It will cut out some channel partners.
Dan Tindall, VP of worldwide channel sales (pictured) gave what he described as an overarching account of HP’s Partner One programme on different levels, including alliances and OEM deals. more»
Following Dell’s acquisition of, er, Dell – taking the behemoth off the public market – CEO Michael Dell has penned an open letter to the company’s customers which promises “organic” and “inorganic” investment. Translation: Dell’s patent-packed Supermarket Sweep shopping spree will be ongoing. more»