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Solve : HP takes $5 Billion charge on Autonomy cooked books allegations...? |
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Answer» Full Story...It has gotta really hurt to pay 10.3 billion for something and then devalue it by 8.8billion,truenorthInteresting read... wouldn't want to be any of the people involved in the acquisition of AUTONOMY for acquiring it without a full audit of their PRACTICES to get stuck with a huge issue that CONTINUED even after the acquisition, and inherriting all liabilities as a result of. Curious as to how long it will take to correct for this expensive hit and be back in the black, when sales are down. HP makes a good business product line for SERVERS and Corporate Workstations. Good Reliability and Price. Hopefully they will pick themselves out of the slump without making other bad choices/mistakes that PULL them under. |
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