Hewlett-Packard – HP and Autonomy takeover

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In November 2012, HP recorded a attenuate of about $8.8 billion associated to its $11.3 billion purchase of the UK based code creator Autonomy Corporation. HP charged Autonomy of intentionally inflating the worth of the corporation previous to its arrogation. The erstwhile administration group of Autonomy flatly refused the demand. The FBI was named in to research. HP incurred a lot harm with its merchandise dropping to decades’ low.