HPE Lost £730 Million After Buying Mike Lynch’s Autonomy, Judge Says

(Bloomberg) — Hewlett Packard Enterprise Co. lost around £730 million ($985 million) after it bought Mike Lynch’s firm Autonomy Corp., a London judge ruled less than a year after the British tech tycoon drowned when his yacht sank in a storm off the coast of Sicily. Mike Lynch’s estate was ordered to pay Hewlett Packard … Read more

HP owed over $940 million by Mike Lynchs estate, ex-business partner, UK court rules

LONDON -Hewlett Packard is owed more than 700 million pounds from the estate of the late Mike Lynch and his former business partner over its acquisition of their British software firm Autonomy, a judge at London’s High Court said on Tuesday. HP was seeking to recoup its losses from Lynch – who died last year … Read more