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Technology

Hewlett Packard to pursue $4bn claim against late tech mogul Mike Lynch

Mike Lynch Autonomy HPE Sicily

British tech magnate Mike Lynch walks into federal court in San Francisco on March 26, 2024 [Michael Liedtke/AP]

Hewlett Packard Enterprise (HPE) has confirmed that it will pursue $4bn in damages against the estate of tech mogul Mike Lynch following his death in a yacht wreck off the coast of Sicily.

HPE had sued Lynch and his former chief financial officer Sushovan Hussain for allegedly inflating the value of his software company Autonomy before its acquisition for $11bn in 2011.

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