Hewlett packard enterprise to complete software spinoff. Meg whitman, former ceo of ebay, is appointed, and reaffirms commitment to autonomy acquisition. The indictment stems from the british software makers 2011 sale to hewlettpackard co. Shareholders of autonomy, which develops search software. Hp today announced that it has acquired control of autonomy corporation plc. Completes acquisition of autonomy the new york times. Hewlett packard offloads last autonomy assets in software.
Though the company is integrating into hp software. We believe this bold action will squarely position hp in software and. Hp s largest software acquisition to date, to create a new organization for business technology optimization bto. Hewlettpackards acquisition last year of the british software maker. Hp pcs obtaining pc recovery usb drives or discs hp. Hp recruited robert youngjohns, exmicrosoft president of north america, to take over hp autonomy in september 2012, who has worked towards a turnaround through expanding its information management and analytics software business. A pioneer in its industry, autonomys unique meaning. Micro focus international plc is a british multinational software and information technology business based in newbury, berkshire, england. Hp accelerates leadership in nextgeneration computing. Exautonomy ceo lynch resigns government role after u.
Hpq today announced the acquisition of end point security startup bromium. Expected to be accretive to nongaap earnings per share for hp. Hp to acquire leading enterprise information management software company autonomy corporation plc highly complementary acquisition provides leadership position in large and growing space. Form 10q for the fiscal quarter ended july 31, 2011 and hps other filings. Hp today announced that it is accelerating its leadership in nextgeneration computing by acquiring the innovative 3d hardware and software assets of david vision systems gmbh and david 3d solutions, based in germany david is an outstanding technology leader in 3d scanning and an essential enabler for sprout. Autonomy plc software searches and organizes complex data like emails, phones calls, video and. The company is listed on the london stock exchange and is a constituent of the ftse 250 index. Autonomys software offerings power more than 25,000 customer.
Hp news hp acquires control of autonomy corporation plc. Why investors have high hopes for hpe software under micro focus the u. Significantly the sale includes what is left of autonomy, a bungled acquisition made by hp in 2011. Hewlett packard offloads last autonomy assets in software deal this article is more than 3 years old british firm micro focus will take on remaining software assets from hp s illfated 2011. Acquisitions, divestitures, and spinoffs this is the hpaas unofficial directory of 163 acquisitions and 30 divestitures and spinoffs by hp and hewlett packard enterprise. Only sales in hps software unit the companys smallest rose. In the software products market segment, a stream of acquisitions has helped strengthen hps position. Its software acquisition provides a single, centralized point of contact to find and obtain software on campus. Hp today issued the following regarding the noncash impairment charge relating to autonomy that was announced during hp s fourthquarter earnings announcement.
That price would make the acquisition one of hps largest deals to date. Minority stakes are not included, nor are acquisitions. Hp today issued the following regarding the noncash impairment charge relating to autonomy that was announced during hp. In april 2011, hp software division announced a refresh and upgrade of its hp information management software portfolio, including enhancements to hp trim records management system, hp data.
Hewlett packard enterprise to complete software spinoff reuters. Why investors have high hopes for hpe software under micro. Hewlettpackard announced the acquisition of autonomy, which focuses on socalled intelligent search and data analysis, on aug. While 2011 wasnt a year of historically huge tech merger and acquisition. This acquisition doubled the size of hps software business to. Download the latest drivers, firmware, and software for your hp elitebook 840 g6 notebook pc. The acquisition positions hp as a leader in the large and growing enterprise information management space. Hewlettpackard provides products, technologies, software, solutions, and services to individual consumers and small and mediumsized businesses smbs as well as to the government, health, and. Based on the closing stock price of autonomy on august 17, 2011, the. Learn more if you have any questions or problems using software on this site, please visit our.
This is hp s official website that will help automatically detect and download the correct drivers free of cost for your hp. Hp bought autonomy, which specializes in database search and other. Highly complementary acquisition provides leadership position in large and. Many solution providers were against the hp compaq merger. Autonomy, an hp company, is a marketleading software company that helps organizations all over the world understand the meaning in information. Official hp drivers and software download hp customer. Prosecutors had long identified lynch, 53, as a coconspirator with his chief financial officer at. While 2011 wasnt a year of historically huge tech merger and acquisition deals, activity was nonetheless vigorous. Xerox courts hp shareholders as takeover battle heats up. But 10 years later, partners reflect on the historic deal and how it changed hp. Autonomys enterprise software powers panenterprise search, customer interaction. Hps acquisition misstep far from the first the mercury news.
Though the company is integrating into hp software, autonomy remains a singular operational business. As the autonomy deal goes through, hp board fires apotheker amid reports of growing unpopularity and rumours of a spinoff of its pc business. Hp enterprise seeks to end autonomy saga with software. Hp enterprise seeks to end autonomy saga with software sale. Hewlettpackard sells software division to micro focus. A corporate merger, like a marriage, can yield a whole stronger than its parts or it can end in utter disaster. Is hp about to make another disastrous acquisition. Hp to pursue an acquisition among open source software providers or cloudbased service providers. Autonomy was acquired by hewlettpackard hp in october 2011.
Hp elitebook 840 g6 notebook pc software and driver. Autonomys software offerings power more than 25,000 customer accounts worldwide and, as part of hp. Pc manufacturer looks to move away from hardware with acquisition of autonomy. List of mergers and acquisitions by microsoft wikipedia.
Download the latest drivers, software, firmware, and diagnostics for your hp products from the official hp support website. No more big software acquisitions for hp, ceo says reuters. Leo apotheker would have advised hp to abandon autonomy. On september 22, hp s board of directors appoints meg whitman as president and chief executive officer. N completed the spinoff of much of its software business early on friday, closing the door on the disastrous 2011 acquisition of british firm. Meg whitman, ebays former chief executive, was named to lead hewlett packard in september 2011. Desk pro 286386 based systems the largest supplier of pc systems during the 1990s 1997 tandem acquisition 1998 dec acquisition overtaken by dell in 2011 compaq 5 corporate owl. Bromiums application and browser isolation technology stops attacks that other solutions miss. Hp is also mindful of large acquisitions given its fateful deal for british software company autonomy almost a decade ago. Hp autonomy, previously autonomy corporation plc, is a multinational enterprise software. Instead, through hard work and some key acquisitions most notably palm, it set out to create an entire ecosystem of mobile hardware and software that could truly rival apples. The hp deal is the largest acquisition to date by micro focus, a previously midsized uk technology business that managed legacy software systems for large companies, including tesco, the. With a value 32 times larger than skypes operating profits, the deal was microsofts largest acquisition.54 650 361 1381 18 1066 841 373 666 427 1459 1225 509 355 1064 1432 1350 1223 871 1096 1207 1171 455 912 251 807 1376 983 629 545 567 1294 71 1263 485 373 750 408