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International Business Times
International Business Times
Business
Vidhya Ck

HPE To Pursue $4B Damages Claim In UK Against Mike Lynch

Hewlett Packard Enterprise (HPE) confirmed it would pursue its U.K. claim for up to $4 billion in damages against the family of British tech mogul Mike Lynch, who was killed when his superyacht sank off Sicily coast in August.

In 2011, HPE acquired Lynch's software company Autonomy for $11 billion. But, soon after the deal, the company sued Lynch and his former finance director, Sushovan Hussain, claiming they inflated the value of the company, AP reported.

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