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Mike Lynch’s estate ordered to pay HP £700m in High Court ruling
Hewlett-Packard (HP) is set to recoup more than £700m ($944m) from the estate of the late Mike Lynch and his former business partner, Sushovan Hussain, a London High Court judge ruled on Tuesday. The sum relates to HP’s ill-fated acquisition of British software firm Autonomy.
HP took an $8.8 billion write-down on the purchase in 2012. The Autonomy assets were assumed by HPE, which was spun off from ...
The 22 July court ruling stated that HP is owed almost £700m due to the difference between the acquisition price of Autonomy ...
Cambridge tech entrepreneur Dr Mike Lynch, who died last summer on a sea cruise celebrating his release on fraud charges by a ...
A UK court Tuesday awarded £700 million ($946 million) compensation to IT firm Hewlett Packard in a fraud case involving late ...
The High Court is set to decide on the damages Hewlett Packard is owed from the acquisition of Autonomy, following ...
HP Autonomy is going through a rebirth—with a reinvigorated employee base and several ambitious new initiatives.
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