Hacker News new | past | comments | ask | show | jobs | submit login

Because they were fabricating sales numbers, channel stuffing, misreporting expenses...Autonomy was a fraud, the numbers weren't real, the CFO is already doing time.



But how people from HP they have not noticed fraud during due diligence process?


HP can be both incompetent and at the same time have missed the fraud that it is alleged Autonomy were trying to hide.


HP Paid 70& premium on the share price. Bit of a hint HP paid too much.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: