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Mike Lynch was once celebrated as a pioneer in British technology, having built Autonomy into a major software success. Hewlett-Packard's $11 billion purchase of Autonomy in ...
The 22 July court ruling stated that HP is owed almost £700m due to the difference between the acquisition price of Autonomy ...
A U.K. court has awarded Hewlett Packard Enterprise (HPE) more than £700 million ($900m) in a fraud dispute with the estate of late tech entrepreneur Mike Lynch.
In 2011, HP made a bid to buy software company Autonomy from British billionaire Mike Lynch and his associate Sushovan Hussain at around £23 per share. But, in May 2022, the High Court ruled that the ...
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 technology giant had accused the British mogul, who died last year when his yacht sank, of fraud in the sale of his ...
HP sued Lynch and Autonomy’s finance chief in 2015, accusing them of masterminding an elaborate fraud to inflate the value of ...
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Agence France-Presse on MSNUK court awards £700 mn to HP in late tycoon's fraud caseA UK court Tuesday awarded £700 million ($946 million) compensation to IT firm Hewlett Packard in a fraud case involving late ...
A court determined this week that Mike Lynch’s estate is liable for damages sought by Hewlett Packard Enterprises (HPE) over ...
A U.K. High Court has ruled that Hewlett Packard Enterprise is owed over 700 million pounds from the estate of British tech ...
Hewlett-Packard (HP) is set to recoup more than £700m ($944m) from the estate of the late Mike Lynch and his former business ...
Hewlett Packard is owed more than £700 million ($943 million) by the estate of late British tech tycoon Mike Lynch and his ...
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