Wed November 21, 2012
HP Says It Was Duped Into Overpaying For Company
Originally published on Wed November 21, 2012 3:57 pm
Hewlett Packard is claiming it was duped into overpaying when it acquired Britain's largest software company a little more than a year ago. HP released its latest quarterly earning report on Tuesday and announced that it was writing off most of the $11 billion investment. The firm HP bought, Autonomy, denies there were any improprieties.