Breaking News

ASUS Announces XG Core Radeon RX 9060 XT LP 16GB GDDR6 Razer Unveils the Hammerhead V3 Chroma Sony Introduces USB-C Wired Headphones MDR-3R Greenliant heads to electronica 2026 with its full industrial SSD lineup CORSAIR Brings Comfort in Full Bloom with Dark Cherry Blossom TC500 and TC100 RELAXED Gaming Chairs

logo

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

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

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

ASUS Announces XG Core Radeon RX 9060 XT LP 16GB GDDR6
GPUs

ASUS Announces XG Core Radeon RX 9060 XT LP 16GB GDDR6

Razer Unveils the Hammerhead V3 Chroma
Consumer Electronics

Razer Unveils the Hammerhead V3 Chroma

Sony Introduces USB-C Wired Headphones MDR-3R
Consumer Electronics

Sony Introduces USB-C Wired Headphones MDR-3R

Greenliant heads to electronica 2026 with its full industrial SSD lineup
Enterprise & IT

Greenliant heads to electronica 2026 with its full industrial SSD lineup

CORSAIR Brings Comfort in Full Bloom with Dark Cherry Blossom TC500 and TC100 RELAXED Gaming Chairs
Cameras

CORSAIR Brings Comfort in Full Bloom with Dark Cherry Blossom TC500 and TC100 RELAXED Gaming Chairs

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

SoundPeats Cove Pro

SoundPeats Cove Pro

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

Akaso Brave 8 Lite

Akaso Brave 8 Lite

SoundPeats C30

SoundPeats C30

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

be quiet! Dark Perk Mice

be quiet! Dark Perk Mice

XbotGo Chamaleon

XbotGo Chamaleon

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

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