HP Seeks $1.8B from Lynch's Estate
Update: 2025-11-18
Description
Hewlett Packard Enterprise is pursuing $1.8 billion from the estate of late Mike Lynch, founder of Autonomy, which HP acquired for $11.1 billion in 2011. HP later wrote down Autonomys value by $8.8 billion, alleging financial misrepresentation by Lynch and Autonomys CFO. HPs lawyers presented their case in Londons High Court, seeking $1.79 billion, including interest. Lynchs estate is appealing the liability ruling, arguing excessive interest and potential insolvency. The case highlights the long-term impact of a failed tech acquisition.
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