[New post] Autonomy’s Mike Lynch counter sues HP over $11 billion deal

sskarthik posted: "LONDON (Reuters) - British entrepreneur Mike Lynch on Thursday said he would file a claim against Hewlett-Packard for $150 million in damages over allegations the U.S company made about his role in the acquisition of his software company Autonomy in 2011." Respond to this post by replying above this line New post on SKarthik.info Autonomy’s Mike Lynch counter sues HP over $11 billion deal by sskarthik LONDON (Reuters) - British entrepreneur Mike Lynch on Thursday said he would file a claim against Hewlett-Packard for $150 million in damages over allegations the U.S company made about his role in the acquisition of his software company Autonomy in 2011. Autonomy was a $11 billion bet on move into software for HP, but this strategy began to unravel only days after the deal was announced, documents have shown. Just over a year later, HP wrote off three-quarters of the deal's value, accusing Lynch and his colleagues of financial mismanagement. ... Read more... sskarthik | October 1, 2015 at 8:12 pm | Categories: Computers and Internet | URL: http://wp.me/p1eKZE-3n3F Comment    See all comments Unsubscribe to no longer receive posts from SKarthik.info. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://sskarthik.wordpress.com/2015/10/01/autonomys-mike-lynch-counter-sues-hp-over-11-billion-deal/ Thanks for flying with WordPress.com