Hewlett-Packard (HP) announced Thursday, August 18 that he bought the British software company Autonomy to 10.24 billion dollars. Under the terms of the agreement, approved by the boards of both companies, HP has 42.11 dollars per share in cash, a premium of 64% over the closing price Wednesday of Autonomy as the London Stock Exchange .
Autonomy Corp is a software for businesses, listed in London, which has two seats, one in Cambridge - East of England - and one in San Francisco. It was founded in 1996 to take advantage of technologies developed at the University of Cambridge, which help companies better manage and exploit massive amounts of data.
This is part of a dramatic transformation of the U.S. computer giant, which announced it was considering parallel to part of his division "computers". The group also said in a statement it planned to cease operations related to its operating system webOS, particularly smartphones using this system and its new tablet computer TouchPad.
HP has also posted a profit for the third quarter of fiscal shifted up 9% to $ 1.93 billion, better than expected.
Autonomy Corp is a software for businesses, listed in London, which has two seats, one in Cambridge - East of England - and one in San Francisco. It was founded in 1996 to take advantage of technologies developed at the University of Cambridge, which help companies better manage and exploit massive amounts of data.
This is part of a dramatic transformation of the U.S. computer giant, which announced it was considering parallel to part of his division "computers". The group also said in a statement it planned to cease operations related to its operating system webOS, particularly smartphones using this system and its new tablet computer TouchPad.
HP has also posted a profit for the third quarter of fiscal shifted up 9% to $ 1.93 billion, better than expected.
- HP to buy Autonomy for £10.3bn (18/08/2011)
- HP Plans PC Spinoff, $10 Billion Autonomy Buy (18/08/2011)
- Breaking: HP to Spin Off PCs, Buy Autonomy [Bloomberg] (18/08/2011)
- HP to buy Autonomy for $10 billion, spinning off PC business (18/08/2011)
- REPORT: HP To Make $10 Billion Bid For Autonomy (HPQ, AUL) (18/08/2011)
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