5

Former HP CEO Apotheker Insists Autonomy Due Diligence “Meticulous and Thorough”

view full story
linux-howto

http://www.thevarguy.com – The plot thickens. Leo Apotheker, former HP (NYSE: HPQ) CEO who oversaw the August 2011 Autonomy purchase for some $11 billion, an acquisition now mired in fraud allegations, said that he was “stunned and disappointed” by charges that the enterprise management software company substantially distorted its financial performance. Apotheker, who at the time of the Autonomy acquisition called the company’s business model “attractive,” and described the software vendor as “highly profitable and globally respected,” said, in a statement Tuesday that its financial reporting hoodwin (IT news)