The HP-Autonomy lawsuit: Timeline of an M&A disaster
CIO Business Intelligence
MARCH 19, 2024
Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue. November 2005: Autonomy agrees to buy search technology developer Verity for $500 milllion, its third acquisition of the year after NCorp (in February) and etalk (in June).
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