Hewlett-Packard lost hundreds of millions in Autonomy acquisition, judge rules

Mike Lynch, who died last summer, leaving the Rolls Building in London in 2019 (Yui Mok/PA) - (PA Archive)

Hewlett-Packard (HP) lost hundreds of millions of pounds through its acquisition of British software company Autonomy, which was founded by Mike Lynch, a High Court judge has ruled.

The technology firm, now known as Hewlett-Packard Enterprise (HPE), sued the British entrepreneur for around five billion US dollars following its purchase of Cambridge-based Autonomy for 11.1 billion dollars (£8.2 billion) in 2011.