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HP wins multibillion-dollar fraud case over Autonomy sale

1 Feb 2022 9:37 AM | Anonymous

Hewlett Packard (HP) has won a multibillion-dollar fraud case over its acquisition of a British software company.

Cambridge-based Autonomy was sold to the US tech giant for $11bn in 2011.

HP sued its founder and former chief financial officer, claiming they "artificially inflated Autonomy's reported revenues, revenue growth and gross margins".

Read the full article here on BBC News

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