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HP completes expensive acquisition of Autonomy
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HP completes expensive acquisition of Autonomy

article published on 5 October, 2011

HP has completed its $12 billion acquisition of software maker Autonomy today, with Autonomy shareholders overwhelmingly voting for the deal which paid an 80 percent premium to the company's closing price before HP offered. The deal, and how expensive it is, cost CEO Leo Apotheker his job recently after just 11 months on the job. New CEO Meg Whitman says the Autonomy purchase is "integral" ... [ read the full article ]

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5. October 2011 @ 10:05 _ Link to this message    Send private message to this user   
Ridiculous, I can't see Autonomy possibly being worth 12$ billion. How do they expect to make any profit from this deal...
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