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HP to Announce $10B Acquisition of Autonomy Today

Written By

Published: Aug 18, 2011

Updated: Feb 2, 2021

1 minute read

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When Hewlett-Packard’s board of directors selected former SAP CEO Leo Apotheker as its new leader to replace Mark Hurd in September 2010, they purposely picked a software guy to transform a longtime hardware maker into the 21st century IT world.

So it shouldn’t come as much of surprise that HP has been buying software companies (Vertica and Fortify) since Apotheker came aboard.

The latest news will be announced this afternoon on the HP earnings call, we’re told, and it will be about buying a big international fish, U.K.-based e-discovery and storage provider (among many other things) Autonomy. That HP will part with $10 billion of its hard-earned dollars in the deal is what we’ve also heard from reliable sources.

It will be the largest HP acquisition since the $13.9 billion purchase of EDS in May 2008.

We will have a lot more to report on this deal later today and for weeks to come. Just wanted to get something posted now. That is all for now.

Chris Preimesberger

Chris J. Preimesberger is Editor Emeritus of eWEEK. In his 16 years and more than 5,000 articles at eWEEK, he distinguished himself in reporting and analysis of the business use of new-gen IT in a variety of sectors, including cloud computing, data center systems, storage, edge systems, security and others. In February 2017 and September 2018, Chris was named among the 250 most influential business journalists in the world (https://richtopia.com/inspirational-people/top-250-business-journalists/) by Richtopia, a UK research firm that used analytics to compile the ranking. He has won several national and regional awards for his work, including a 2011 Folio Award for a profile (https://www.eweek.com/cloud/marc-benioff-trend-seer-and-business-socialist/) of Salesforce founder/CEO Marc Benioff--the only time he has entered the competition. Previously, Chris was a founding editor of both IT Manager's Journal and DevX.com and was managing editor of Software Development magazine. He has been a stringer for the Associated Press since 1983 and resides in Silicon Valley.

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HP to Announce $10B Acquisition of Autonomy Today

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