Does HP still own Autonomy?
Does HP still own Autonomy?
Though the company is integrating into HP Software, Autonomy remains a separate operational business. In 2017, HP sold its Autonomy assets, as part of a wider deal, to the British software company Micro Focus.
Who acquired Autonomy?
HP
HP bought Autonomy in 2011 but a year later it wrote down the value of the British company by $8.8 billion, saying it had uncovered serious accounting improprieties.
Why did HP and autonomy fail?
LONDON (Reuters) – Hewlett-Packard botched its $11.1 billion acquisition of Autonomy and then tried to cover up its own mismanagement by accusing the British software company’s founder Mike Lynch of fraud, a London court was told on Wednesday.
Why did the merger of HP with autonomy fail?
#4 – HP & Autonomy But the real bombshell came in 2012 when HP, following an internal investigation, alleged that Autonomy had cooked its books and that the software and company was overvalued at time of purchase. HP wrote down the Autonomy purchase as a nearly $9 billion loss, sending HP’s stock into a tailspin.
When did autonomy buy Meridio?
October 2007: Autonomy acquired Meridio Holdings Ltd, a UK company based in Northern Ireland that specialised in Records Management software, for £20 million.
Who is working with Meridio?
BCC Services d.o.o. development department started working with Meridio eDRMS in from its beginnings (in 2002) and have developed many solutions over Meridio for government and public sector alike. In 2007 Autonomy both Meridio and in 2011 HP both Autonomy so Meridio as a product switch sides again.
What is Meridio EDRMS?
Meridio Ltd was a Software Development firm from Belfast, Northern Ireland that created an award winning EDRM system called Meridio. BCC Services d.o.o. development department started working with Meridio eDRMS in from its beginnings (in 2002) and have developed many solutions over Meridio for government and public sector alike.
Who is the CEO of HP Autonomy?
HP recruited Robert Youngjohns, ex- Microsoft president of North America, to take over HP Autonomy in September 2012, who has worked towards a turnaround through expanding its information management and analytics software business. Though the company is integrating into HP Software, Autonomy remains a singular operational business.
