HP closes Autonomy deal

Release Date 4 Oct, 2011 in Reuters

 
   
Video

HP finally swallows Autonomy

Register - Paul Kunert - 4 Oct, 2011
HP has finally concluded the $10.24bn acquisition of Cambridge-based enterprise search and BI software firm Autonomy. The £25.50-per-share offer was given the green light by 87 per cent of Autonomy's ...

HP completes Autonomy takeover

Inquirer - Dave Neal - 4 Oct, 2011
CONFUSED ENTERPRISE IT FIRM HP has completed its acquisition of Autonomy, days after the CEO that approved it was removed by the board. HP said that it acquired control of the firm and added that it secured the enterprise discovery firm ...

Oracle chief Larry Ellison: 'We can do what Autonomy does - but faster'

Telegraph.co.uk - Katherine Rushton - 4 Oct, 2011
Larry Ellison, the bellicose chief executive of Oracle, has landed another blow in his battle with Autonomy's chief executive Mike Lynch â€" by claiming his company can do what Autonomy can, "at the speed of thought". By Katherine Rushton Mr Ellison last ...

HP buys Autonomy for $10.3 billion

San Francisco Chronicle - 4 Oct, 2011
Richard Drew / AP Hewlett-Packard said it acquired control of business information-management software maker Autonomy Corp. under its $10.3 billion purchase offer. Holders of about 87 percent of Autonomy's stock accepted the offer of 2550 pence ...

HP closes Autonomy deal

Times of India - 4 Oct, 2011
SAN FRANSISCO: Hewlett-Packard completed its $12 billion buy of British software firm Autonomy, the centerpiece of a botched strategy shift that cost ex-chief executive Leo Apotheker his job last month. HP said its 25.50 pounds-per-share cash offer ...

HP takes control of takeover target Autonomy

Seattle Post Intelligencer - 4 Oct, 2011
PALO ALTO, Calif. (AP) â€" Hewlett Packard Co. said Monday it has gained control of Autonomy Corp., sealing a deal that was announced shortly before HP fired Leo Apotheker as CEO last month. More than 87 percent of Autonomy's outstanding shares have ...

HP closes Autonomy deal

Reuters India - Poornima Gupta, Paul Sandle - 4 Oct, 2011
An employee walks past a Hewlett-Packard logo during the International Telecommunication Union Telecom World 2006 in Hong Kong December 5, 2006. Hewlett-Packard completed its $12 billion buy of British software firm Autonomy on Monday REUTERS ...

HP completes buy-out of Autonomy

BBC News - 4 Oct, 2011
Hewlett-Packard has completed the $12bn (£7.8bn) buyout of UK software firm Autonomy, despite the departure of the man who initiated it. Leo Apotheker was replaced as HP chief executive last month amid falling sales and a share price collapse. ...

HP stock is cheap, but not cheap enough

Globe and Mail - 4 Oct, 2011
Ever have a stock that made you feel dumb? Hewlett-Packard HPQ-N is making me look pretty foolish right now. Just not as foolish as HP itself looks. You are no doubt aware that the company jettisoned CEO Léo Apotheker last month, just shy of his first ...

HP takes control of takeover target Autonomy

Forbes - 4 Oct, 2011
AP , 10.03.11, 07:32 PM EDT PALO ALTO, Calif. -- Hewlett Packard Co. said Monday it has gained control of Autonomy Corp., sealing a deal that was announced shortly before HP fired Leo Apotheker as CEO last month. More than 87 percent of Autonomy's ...

DealBook: HP Completes Acquisition of Autonomy

New York Times (blog) - 4 Oct, 2011
By THE NEW YORK TIMES Hewlett-Packard said on Monday that it had gained control of the British software maker Autonomy. The company said that shareholders representing 87.34 percent of Autonomy's shares had accepted its offer of £25.50 a share in cash. ...

Hewlett-Packard Says It Acquires Control Under Autonomy Offer

BusinessWeek - Ian King - 4 Oct, 2011
Oct. 3 (Bloomberg) -- Hewlett-Packard Co., the world's largest personal-computer maker, said it acquired control of business information-management software maker Autonomy Corp. under its $10.3 billion purchase offer. ...

HP gains control of Autonomy

CNET - Larry Dignan - 4 Oct, 2011
Hewlett-Packard said today it has gained control of Autonomy via a cash tender offer. The company said that it has acquired more than 87 percent of Autonomy for £25.50 ($39.72) per share in cash. With the deal, which has been derided for being too ...

HP gains control of Autonomy

AFP - 4 Oct, 2011
NEW YORK â€" Hewlett-Packard said Monday that it has closed its $10.24 billion purchase of British software company Autonomy, a deal which contributed to the downfall of former HP chief executive Leo Apotheker. The Palo Alto, California-based HP said ...

HP closes Autonomy deal

Reuters - Poornima Gupta, Paul Sandle - 4 Oct, 2011
A HP Invent logo is pictured in front of Hewlett-Packard international offices in Meyrin near Geneva August 4, 2009. (Reuters) - Hewlett-Packard completed its $12 billion buy of British software firm Autonomy on Monday, the centerpiece of a botched ...

HP Completes Autonomy Acquisition

PCWorld - James Niccolai - 4 Oct, 2011
Hewlett-Packard has secured enough shares of Autonomy to take control of the UK software company, HP announced Monday. Shareholders owning 87 percent of Autonomy's stock have accepted HP's offer to purchase the company for ...

HP wins control of Autonomy

Financial Times - Maija Palmer - 4 Oct, 2011
HP said that 87.3 per cent of the UK software company's shareholders had accepted its all-cash, £25.50-a-share offer, which represents a 79 per cent premium to the price before the bid emerged in August. ...

HP would make lucrative Oracle target

Reuters Blogs (blog) - Robert Cyran, Richard Beales - 4 Oct, 2011
Investors unimpressed by Hewlett-Packard's dysfunctional governance have sold off its shares, leaving the tech company vulnerable to a bid. And Larry Ellison's acquisitive Oracle is a credible potential suitor. ...

Rejoice? HP Says Has Received Shares For Autonomy Deal

Barron's (blog) - Tiernan Ray - 4 Oct, 2011
In news that will not necessarily come as music to the ears of shareholders, Hewlett-Packard (HPQ) this afternoon said shareholders of the UK's Autonomy PLC representing 87.3% of the stock had accepted HP's offer to buy the company, ...

The trick is to know when to shut up

Financial Times - Andrew Hill - 4 Oct, 2011
It's gratifying when private corporate disagreements erupt into the open. It confirms the perception that business, often dressed up as a decorous diplomatic dance, is in fact a vicious hand-to-hand battle. It was in this spirit that I ...

HP closes Autonomy deal

Reuters - Poornima Gupta, Paul Sandle - 4 Oct, 2011
Oct 3 (Reuters) - Hewlett-Packard (HPQ.N) completed its $12 billion buy of British software firm Autonomy (AUTN.L) on Monday, the centerpiece of a botched strategy shift that cost ex-chief executive Leo Apotheker his job last month. ...

HP gains control of Autonomy

ZDNet (blog) - Larry Dignan - 4 Oct, 2011
Summary: HP has officially won control of Autonomy. The deal has been criticized by analysts for being too pricey. HP said that it has gained control of Autonomy via a cash tender offer. ...

Recommended Cash Offer by Hewlett-Packard Vision B.V. an indirect wholly-owned ...

MarketWatch (press release) - 4 Oct, 2011
On 18 August 2011, the Board of Hewlett-Packard Company ("HP") and the Board of Autonomy Corporation plc ("Autonomy") announced the terms of a recommended cash offer (the "Offer") by Hewlett-Packard Vision BV ("HP Vision"), an indirect wholly-owned ...

HP Acquires Control of Autonomy Corporation plc

MarketWatch (press release) - 4 Oct, 2011
Holders of 213421299 Autonomy shares have accepted HP's previously announced offer to purchase the entire share capital of Autonomy at a price of GBP 25.50 per share in cash, representing approximately 87.34 percent of the current issued share capital ...

HP would make lucrative Oracle target

Economic Times - 4 Oct, 2011
NEW YORK: Investors unimpressed by Hewlett-Packard's dysfunctional governance have sold off its shares, leaving the tech company vulnerable to a bid. And Larry Ellison's acquisitive Oracle is a credible potential suitor. At least financially, a deal ...

Autonomy to decide if they will accept HP's offer

BBC News - ‎Oct 3, 2011‎
Autonomy's shareholders will decide on Monday if they will accept Hewlett Packard's bid to buy the company. Since they offered the British company £7bn in August, HP's boss Leo Apotheker has been fired and the founder of Autonomy, Mike Lynch, ...

Apotheker's HP payout dwarfs new CEO's salary

Business Standard - ‎Oct 2, 2011‎
Hewlett Packard Co will pay fired CEO Leo Apotheker nearly $10 million in severance and bonuses, a handsome payout for a much-criticised leader that dwarfs new chief Meg Whitman's $1-a-year base salary. HP will pay Apotheker, who during an 11-month ...

CEOs who make $1 - or less - a year

AsiaOne - ‎Oct 2, 2011‎
When most people think of CEOs, images of a handsomely paid (think millions of dollars) executive comes to mind. But some chief executives are bucking the trend. Last week, it was revealed in an SEC filing that newly minted HP CEO Meg Whitman will be ...

HP completes Autonomy acquisition for £6.6bn

V3.co.uk - Rosalie Marshall - 4 Oct, 2011
HP has completed its acquisition of Autonomy after the UK software firm's shareholders agreed to a £25.50 per share cash offer worth £6.6bn. Apotheker's offer ultimately led to his being fired by HP's board for overvaluing Autonomy. ...

 

Subscribe to RSS
Advertise here