Autonomy founder Lynch set for $5 billion Hewlett-Packard court showdown

Discussion in 'other software & services' started by ronjor, Mar 22, 2019.

  1. ronjor

    ronjor Global Moderator

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    Paul Sandle March 22, 2019
     
  2. guest

    guest Guest

    UK tech entrepreneur Lynch submits himself for arrest over U.S. extradition
    February 5, 2020
    https://in.reuters.com/article/auto...for-arrest-over-u-s-extradition-idINKBN1ZZ261
     
  3. stapp

    stapp Global Moderator

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    https://www.bbc.co.uk/news/business-65568967
     
  4. Rasheed187

    Rasheed187 Registered Member

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    Isn't it crazy how things ended up? You can't make this stuff up.

    So first his business partner (who was also sued by HP) got struck by a car during jogging, and 2 days later Mike Lynch and his attorney end up dead in some freak boat (yacht) accident. It's almost like HP cursed these guys or something, because I do think they were guilty of fraud. They sold Autonomy to HP for a whopping $11 billion back in 2011, but HP found out that the company wasn't as successful as thought, in terms of revenue and profits.

    https://www.theguardian.com/busines...ynch-tech-boss-missing-yacht-sinking-autonomy

    https://en.wikipedia.org/wiki/HP_Autonomy
     
  5. Rasheed187

    Rasheed187 Registered Member

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    Turns out that just because Mike Lynch is dead, HP won't stop the lawsuit and I can't say I blame them. So now his wife will have to deal with it.

    https://finance.yahoo.com/news/hp-confirms-pursue-mike-lynch-100740331.html
     
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