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 ...

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.

The 22 July court ruling stated that HP is owed almost £700m due to the difference between the acquisition price of Autonomy ...

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 ...

Mike Lynch’s yacht tragedy followed by financial shipwreck The estate of late tech mogul Mike Lynch is staring down bankruptcy after London’s High Court ruled it owes Hewlett Packard Enterprise ...

Despite Lynch’s death, HPE still pursued damages of up to $4 billion from the British tech mogul’s estate. Angela Bacares, ...

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 company in 2011.

HP sued Lynch and Autonomy’s finance chief in 2015, accusing them of masterminding an elaborate fraud to inflate the value of ...

A UK court Tuesday awarded £700 million ($946 million) compensation to IT firm Hewlett Packard in a fraud case involving late ...

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 ...