Breaking News

ASUSTOR has announced the release of the new upgraded Lockerstor Gen2 Plus HighPoint and Graid Technology Announce Breakthrough Gen5 Parity Storage Benchmark Why has G.SKILL DRAM memory prices increased so much recently (since 2025 Q4) Samsung Expands Premium Micro RGB TV Lineup for 2026 with New Sizes and Advanced Features Viltrox AF 35mm F1.2 LAB Z Launch Ends Year With a Milestone

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

DoJ Inverstigates Autonomy Case, HP says

DoJ Inverstigates Autonomy Case, HP says

Enterprise & IT Dec 28,2012 0

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.

Tags: HP
Previous Post
ASUS Launches VivoTab Smart Tablet
Next Post
Optical Disc Prices To Rise In 2H13

Related Posts

  • An Intel-HP Collaboration Delivers Next-Gen AI PCs

  • OMEN AND HYPERX POWER UP COOLEST PORTFOLIO YET FOR PERSONALIZED PLAY

  • New KIOXIA RM7 Series Value SAS SSDs Debut on Hewlett Packard Enterprise Servers

  • HYPERX EXPANDS CONSOLE GAMING HEADSET LINEUP WITH CLOUD STINGER 2 FOR PLAYSTATION AND CLOUDX STINGER 2 FOR XBOX

  • KIOXIA first to launch data center NVMe E3.S SSDs on Hewlett Packard Enterprise systems

  • HP debuted its newest HP Spectre and HP Envy laptops

  • HP Announces Omen 16 and Victus 15 new gaming laptops

  • HP Threat Research Shows Attackers Exploiting Zero‐Day Vulnerability Before Enterprises Can Patch

Latest News

ASUSTOR has announced the release of the new upgraded Lockerstor Gen2 Plus
Enterprise & IT

ASUSTOR has announced the release of the new upgraded Lockerstor Gen2 Plus

HighPoint and Graid Technology Announce Breakthrough Gen5 Parity Storage Benchmark
Enterprise & IT

HighPoint and Graid Technology Announce Breakthrough Gen5 Parity Storage Benchmark

Why has G.SKILL DRAM memory prices increased so much recently (since 2025 Q4)
PC components

Why has G.SKILL DRAM memory prices increased so much recently (since 2025 Q4)

Samsung Expands Premium Micro RGB TV Lineup for 2026 with New Sizes and Advanced Features
Consumer Electronics

Samsung Expands Premium Micro RGB TV Lineup for 2026 with New Sizes and Advanced Features

Viltrox AF 35mm F1.2 LAB Z Launch Ends Year With a Milestone
Cameras

Viltrox AF 35mm F1.2 LAB Z Launch Ends Year With a Milestone

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed