Alleged Irregularities At Autonomy
On 20 November 2012, Hewlett-Packard announced a writedown of assets following the Autonomy purchase due to "disclosure failures and outright misrepresentations at Autonomy", which occurred before the acquisition. The total writedown amounted to $8.8bn of the purchase cost of more than $10bn. These irregularities have been contested.
Read more about this topic: Michael Richard Lynch
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