HP has confirmed that the U.S. Department of Justice launched an investigation stemming from the Palo Alto company’s allegations that it uncovered widespread accounting fraud at Autonomy, the British software maker it acquired for $11 billion last year. HP confirmed the investigation in its annual report filed Thursday with the U.S. Securities and Exchange Commission, though it offered no further… → Read More
The enterprise software space is a giant stinking mess. And it’s going to get even messier if the vendors don’t start embracing the new spirit of collaboration and social technologies that represent the modern data workflow. → Read More
Mike Lynch, the founder of pioneering data-analysis and enterprise search company Autonomy, is reportedly planning to set up a technology investment fund to back startups which will allegedly involve other former Autonomy executives in the fund, according to sources. It’s understood that the fund, as yet unnamed, will be based in London but invest in companies globally. → Read More
Within HP’s quarterly results today, a bit of a development for Autonomy, the company’s $10.2 billion enterprise software purchase from last year that was profitable when HP bought it but in the last quarter saw “significant” declines in its core licensing revenue: its founder and head Mike Lynch is stepping down, and he is getting replaced by a HP man: chief strategy officer and EVP of enterprise… → Read More
Cambridge, UK-based infrastructure software company Autonomy this morning announced that it is acquiring a number of assets of Iron Mountain‘s digital division – including the latter’s archiving, e-discovery and online backup business units – for $380 million in cash.
Dr. Mike Lynch, CEO of Autonomy, said in a statement that they’ve been wanting to close such a deal for a while now. → Read More
Austin, TX
Seattle, WA
San Diego, CA
Menlo Park, CA
San Francisco, CA
Berlin, Germany
