news – Autonomy purchased by HP

news – Autonomy purchased by HP

So, a proposed takeover of Autonomy by HP for $10+ billion US.  Favourite links through August 21, 2011:

iManage is going to be very deeply embedded in layers of corporate acquisition when (if) this becomes final. There’s iManage wrapped in an Interwoven, inside an Autonomy, and now to be surrounded by HP.

August 18th, 2011: Hewlett-Packard Co. (HPQ), the world’s largest computer maker, agreed to buy Autonomy Corp. for $10.3 billion in cash to increase sales of cloud services for businesses while lessening its reliance on personal computers.

Autonomy shareholders will receive $42.11 per share, Palo Alto, California-based Hewlett-Packard said in a statement. That represents a 64 percent premium over Autonomy’s closing share price yesterday.  via HP Studies Options for PCs, Eyes Software Buy – Bloomberg.

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