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Autonomy

  • Mike Lynch estate blocked from appealing HPE damages ruling

    Tech

    The estate of the late British tech tycoon Mike Lynch has been refused permission to appeal a High Court ruling that found him liable to pay damages to Hewlett Packard Enterprise (HPE) over its acquisition of Autonomy. Lawyers acting for Lynch’s estate had sought to challenge the 2022 judgment, which held Lynch and Autonomy’s former [...]

    Mike Lynch estate denied appeal on HPE damages, High Court ruling stands, Autonomy acquisition dispute continues
  • Britain must invest in defence AI to secure its future

    Opinion

    The UK has the talent and industrial base to compete in defence tech, but leveraging these effectively will require more than investment.

    UK defence showcases advanced autonomous drones technology in military exercise, highlighting innovation in unmanned aeria...
  • HP pursues Lynch estate for £1.35bn as tech giant forks out £150m in legal bills

    Legal

    The High Court heard that the estate of British technology tycoon Mike Lynch should be liable to pay more than £1.35bn to Hewlett-Packard (HP) over fraud linked to the sale of Autonomy. Lynch, who founded software firm Autonomy in 1996, sold it to HP in 2012 for $11.1bn, but after a bust-up over allegations of [...]

    Business professionals in a modern office setting engaged in a meeting, discussing strategies and reviewing reports.
  • Hewlett Packard set to pursue Mike Lynch’s widow for up to £3bn

    September 1, 2024

    Hewlett Packard Enterprise (HPE) is set to pursue the widow of Mike Lynch for up to $4bn (£3bn) in a continuation of its long-running claim against the UK tech mogul following his death in the Bayesian yacht sinking.

  • Tributes paid to Mike Lynch after tech mogul’s death

    August 23, 2024

    Figures from the business and technology sectors have paid tribute to Mike Lynch after the tech mogul’s death was confirmed on Thursday. Mr Lynch was confirmed to have died aged 59 after a luxury yacht, Bayesian, sank off the coast of Sicily. He was the creator of software giant Autonomy, which grew to become one [...]

  • British tech giant Mike Lynch acquitted after 12-year legal battle

    June 7, 2024

    Lynch was initially charged with 16 counts, including wire fraud and conspiracy but one charge of securities fraud was dropped during the trial.

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