August 18, 2011 / 5:45 PM / 6 years ago

Autonomy says in talks with suitor Hewlett-Packard

LONDON (Reuters) - British software company Autonomy confirmed it is talks with Hewlett-Packard Co regarding the U.S. IT firm making a possible offer for the company.

“The board of Autonomy notes recent press speculation and confirms that it is in discussions with Hewlett-Packard regarding a possible offer for the company,” it said in a statement on Thursday.

“A further announcement will be made when appropriate.”

Sources said Hewlett-Packard was due to make a $10 billion approach to Autonomy ahead of announcing a long-rumored spinoff of its PC division.

Reporting by Sarah Young

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