HP's tragic fall from grace: Its pursuit of Mike Lynch's widow is just the latest in a line of controversies - News Summed Up

HP's tragic fall from grace: Its pursuit of Mike Lynch's widow is just the latest in a line of controversies


The problems arose after the sale of his company Autonomy to HP - then run by Leo Apotheker - in 2011 for £8.6billion. The decision, described by Lynch family friend Patrick Jacob as 'completely lacking humanity', is another questionable judgment by a firm that critics say is guilty of a litany of failings over decades. During his tenure, he completed the Autonomy deal as he tried to turn HP into a thriving enterprise software business. Under Whitman, HP also undertook its most dramatic transformation yet. The tragedy for the Lynch family is that even in death they cannot escape HP's clutches.


Source: Daily Mail October 08, 2024 08:23 UTC



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