Reuters logo
Autonomy's Lynch again rejects HP allegations
November 27, 2012 / 5:30 PM / 5 years ago

Autonomy's Lynch again rejects HP allegations

LONDON (Reuters) - Mike Lynch, the former head of software firm Autonomy, has written an open letter to Hewlett Packard renewing his rejection of a charge of accounting impropriety leveled at his management team by the U.S. company.

HP bought Autonomy last year for $11.1 billion but shocked investors last week with an 8.8 billion write-down of the acquisition, much of which it attributed to the alleged accounting irregularities.

The letter, a copy of which was seen by Reuters, was dated November 27.

Reporting by Andrew Callus; Editing by Alex Smith

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below