Hewlett-Packard’s Autonomy Allegations: A Material Writedown Puts All Four … – Forbes
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Hewlett-Packard's Autonomy Allegations: A Material Writedown Puts All Four …
Forbes Deloitte was the auditor of Autonomy, a UK software firm acquired by HP in 2011 for $ 11.7 billion. HP announced today it is writing down more than $ 5 billion, or almost half of the acquisition price, because of “serious accounting improprieties, … Hewlett-Packard Has Way More Explaining to Do HP overpaid for more than just Autonomy Wall Street Ends Flat After HP Charge |
