All the latest UK technology news, reviews and analysis

HP tells former Autonomy boss Mike Lynch: see you in court

27 Nov 2012
Autonomy founder and CEO Mike Lynch

HP has batted away suggestions from the former management of Autonomy - its software unit caught up in an accounting maelstrom - that they did nothing wrong, and challenged them to make their claims under threat of perjury.

The company on Thursday released a statement saying that it hopes former Autonomy boss Mike Lynch and other departed executives of the company will agree to go under oath and answer questions about autonomy practices in a courtroom setting.

"While Lynch is eager for a debate, we believe the legal process is the correct method in which to bring out the facts and take action on behalf of our shareholders," HP said in its statement.

"In that setting, we look forward to hearing Lynch and other former Autonomy employees answer questions under penalty of perjury."

The company's statement was relatively reserved, suggesting that the HP has less interest in a war of words than a formal inquiry and resolution to the matter.

The HP release comes just hours after Lynch issued an open letter to the company. In the letter, Lynch claimed he had still not been fully appraised of the allegations that were being levelled at his former firm.

Last week, HP disclosed it was writing down $8.8bn over its acquisition of Autonomy, claiming it had been misled about its worth.

Lynch accused HP of withholding the reasoning and figures behind many of its claims, including the billions of dollars it has attributed to mismanagement at Autonomy.

He insisted HP is trying to scapegoat Autonomy for its own financial missteps.


  • Comment  
  • Tweet  
  • Google plus  
  • Facebook  
  • LinkedIn  
  • Stumble Upon  
Shaun Nichols

Shaun Nichols is the US correspondent for He has been with the company since 2006, originally joining as a news intern at the site's San Francisco offices.

More on Mergers
What do you think?
blog comments powered by Disqus

Windows 10 poll

What are your first impressions of Windows 10?

Popular Threads

Powered by Disqus
V3 Sungard roundtable event - Cloud computing security reliability and scalability discussion

CIOs debate how to overhaul businesses for the digital era

V3 hosts roundtable with Sungard Availability Services

Updating your subscription status Loading

Get the latest news (daily or weekly) direct to your inbox with V3 newsletters.

newsletter sign-up button

Getting started with virtualisation

Virtualisation can help you reduce costs, improve application availability, and simplify IT
management. However, getting started can be challenging


Converting big data and analytics insights into results

Successful leaders are infusing analytics throughout their organisations to drive smarter decisions, enable faster actions and optimise outcomes

Web Developer - £30k - £37k, Manchester city centre, PHP, MVC, Python

PHP Web Developer - Manchester city centre, £30k - £37k...

IT Systems Administrator - Warrington, £40k - £45k basic, Concept

IT Systems Administrator - Birchwood, Warrington, £40k...

IT Helpdesk - £23k basic, Cheltenham, Citrix, Windows 7, Office 2010

IT Helpdesk / 1st & 2nd Line IT Support - Cheltenham...
To send to more than one email address, simply separate each address with a comma.