HP confirms: Feds investigating the Autonomy acquisition
Hewlett-Packard's purchase of enterprise software company Autonomy has already resulted in controversy, lawsuits and an $8.8 billion charge against earnings. Added to that list today: a Department of Justice investigation.
HP's annual report, released today, confirms that the federal government has opened an inquiry" into the deal.
"On November 21, 2012, representatives of the U.S. Department of Justice advised HP that they had opened an investigation relating to Autonomy," the report says. "HP is cooperating with the three investigating agencies."
HP acquired Autonomy in August 2011 for $11.1 billion, or … Read more