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...The British tech entrepreneur faces fraud charges over the $11bn sale of his software company Autonomy to Hewlett-Packard in 2011 China: February year-to-date retail sales and industrial production figures...
...Lynch, who sold the company to Hewlett-Packard for $11.7bn in 2011, faces charges that he falsified Autonomy’s accounts in the two years before the deal....
...They range from drugmakers AstraZeneca and Bayer to tech companies Sony, SAP, eBay and Hewlett-Packard; from food giant Nestlé to clothing behemoth Inditex....
...The case centres on claims that Autonomy’s accounts were manipulated, leading Hewlett-Packard to pay an extra $5bn when it acquired Autonomy in an $11bn takeover in 2011....
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...I’m keen to hear your thoughts and advice on how to best handle the fairly bleak economic outlook we’re facing. As always you can reach me at sid.v@ft.com....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
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...insidious threat of its own: its ties to the British software entrepreneur, Mike Lynch, who is set to be extradited to the US to face charges for conspiracy and fraud linked to the $11.6bn sale of Autonomy to Hewlett-Packard...
...The Autonomy founder has been charged with 14 counts of conspiracy and fraud linked to Autonomy’s $11.6bn sale to Hewlett-Packard in 2011....
...At a session on the outlook for the digital economy, senior executives from IBM, Nokia, Accenture, Hewlett Packard Enterprise and Google agreed that the outlook for long-term transformational innovation...
...Lynch loses Autonomy fraud caseMike Lynch, the billionaire founder of software maker Autonomy, has lost a fraud case brought by Hewlett Packard Enterprise....
...$11bn sale of his company Autonomy to Hewlett-Packard....
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...As ever, feel free to reach out to us at Imani.Moise@ft.com or Sid.V@ft.com Happy reading! Join us on April 26-27 for the FT’s first Crypto and Digital Assets Summit....
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