Former exec says HP ‘bungled’ the Autonomy acquisition, alleges cover-up
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Autonomy’s former CFO has claimed that Hewlett-Packard is accusing him and other ex-employees of fraud in order to cover up its own failings in the disastrous 2011 acquisition.
After buying Autonomy, HP took a $ 8.8 billion writedown on the $ 11.1 billion deal, citing widespread accounting improprieties at the company before the sale.
The Industry Standard – Infoworld
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api on Shareaholic Sign Up Sign up for Shareaholic to connect with Si Langit.Si Langit
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