Autonomy ex-moneyman: 'Visionary' Léo would have made HP merger work The former chief financial officer of Autonomy has struck back against HP's claims that he defrauded it and its shareholders, arguing that HP's execs were solely responsible for bungling the company's $10.2bn acquisition of Autonomy in 2011. "HP's Opposition swells with bile, but its sound and fury signify nothing," lawyers …
I was at HP when Apotheker was at the helm, and it was readily apparent why he was shown the door from his previous company so quickly. Buy Palm...check. Drop trou and squeeze one out on WebOS...check. Buy Autonomy...check. Rinse, repeat until golden parachute drops you gently on the ground.
True, a rant entire bereft of content, also, I must add, just like HP's rants.
I was at at HP when Apotheker turned up. He was a guy entirely lacking in any knowledge of the company and business he was tasked to lead - in summary, he was an idiot. It did not help that he had the carisma of a bag of nails.
Let's be clear - this Autonomy fiasco was caused by the utter stupidity and criminal negligence of HP in dealing with a company led by some dodging-and-weaving, ducking-and-diving, jack-the-lad opportunists. The company's finances was also all smoke and mirrors (and to it seemed to me their products had similar characteristics).
And, if what you're saying about Apotheker and Autonomy is true, it's obvious that HP really screwed up and could possibly be covering for it. If you look at the history of the HP board and upper management over the last 15 or so years before this point, it doesn't look good.
when Leo was at the helm. It felt as though said helm wasn't actually attached to anything.
He killed off Palm and the phones they worked on. He killed of the tablet a week or two after launch. He seemed to be trying to kill off the very heart of HP, hardware, with no real plan to do anything else.
The Register 
Biting the hand that feeds IT
Copyright. All rights reserved © 1998–2024
