M&A The HP Way – Why the Autonomy deal was doomed, and what can’t be done to save HP
The latest debacle at Hewlett-Packard involving the allegations of accounting wrong-doing at Autonomy make for a particularly sticky wicket for CEO Meg Whitman. While there have been some attempts to blame her predecessor, Léo Apotheker, for the decision to buy Autonomy, it’s impossible for Whitman to avoid taking ultimate responsibility for the deal. And when [...]
Good for HP (with a but!)
Last week the IT industry had a major bombshell. HP announced it’s intention to get out of the PC business, drop it’s WebOS smartphone and TouchPad products and buy enterprise software company Autonomy. If you don’t recognize Autonomy they are a major success story born out of research at Cambridge University. Founded in 1996 they [...]
HP + Autonomy is Unlikely
There was an active Enterprise Irregulars discussion on HP the last couple of days, which then caused me consider how HP could pull it off. I don’t see how HP can do the deal for $10b in cash when that is all the cash they have and it’s looking like their debt is going to [...]
