Wednesday, May 22, 2013
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Clearwire's Board of Directors Approves Offer From Sprint
Apple Adds Galaxy S4 To Patent Infrigment Battle With Samsung
WD to Showacase Solid State Hybrid Drive and 5 mm Technologies at COMPUTEX TAIPEI 2013
Renesas Announces USB 2.0 Hub Controller Chip with Battery Charging Functio
New Intel CEO Shakes Up Company
Nokia Adds LiveSight Tool To Here Maps
Sony To Implement New Strategy to Enhance Group's Value
Samsung Set to Buy Stake in Rival Pantech
Active Discussions
Ways to use blu-ray player on your windows 7 system
installing OS to new harddrive
Digipak audio files
CDR for car Sat Nav
deleted
CD Drive Retrieve
burning
Extremely Slow External CD (Samsung SE-S084C)
 Home > News > General Computing > DoJ Inv...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, December 28, 2012
DoJ Inverstigates Autonomy Case, HP says


HP says the U.S. Justice Department is investigating the business software unit Autonomy after the computer maker said the business engaged in improper accounting before HP bought it.

In a filing with the Securities and Exchange Commission on Thursday, HP said Justice officials had informed the company on Nov. 21 that they were opening an investigation. HP also said that it provided information to the SEC and the U.K. Serious Fraud Office related to "accounting improprieties, disclosure failures and misrepresentations at Autonomy."

HP acquired Autonomy for $10 billion in 2011. The company took an $8.8 billion charge to reflect that the U.K. company isn't worth what it paid. HP says about $5 billion of that charge stemmed from improper accounting.

Autonomy founder Mike Lynch has said he would defend the company's accounts to U.S. Federal investigators.


Previous
Next
ASUS Launches VivoTab Smart Tablet        All News        Optical Disc Prices To Rise In 2H13
Microsoft Confirms Zero-day Bug in Internet Explorer Browsers     General Computing News      Apple Working On An iOS Smartwatch, Report Says

Get RSS feed Easy Print E-Mail this Message

Related News
HP and SAP Demonstrate SAP HANA System
HP To Release Its Second Android x2 Laptop
New PC and Print Solutions for SMBs by HP
HP Released $169 Slate 7 Android tablet
HP To Bring 3-D Motion Control to Its Products
HP Launches Intel-powered Project Moonshot Server
HP Changes Its Board of Directors
HP Project Moonshot Servers To Be Unveiled Next Week
HPC Server Market Delivers Record Revenues in 2012
HP Develops Glasses-free 3-D For Mobiles devices
UK's Serious Fraud Office Says Sees No Conflict In Autonomy Probe
New York City Pension Funds To Vote Against HP Directors

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2013 - All rights reserved -
Privacy policy - Contact Us .