"Acquisition" of HP acquisition of mass data company autonomy

Source: Internet
Author: User
Keywords Acquisitions massive data said HP software company

Beijing time August 19 Morning News, Hewlett-Packard Thursday confirmed that the acquisition of Britain's second largest software company http://www.aliyun.com/zixun/aggregation/14422.html ">autonomy negotiations, and plans to divest its PC business. Autonomy also confirmed that the two sides were negotiating and that further information would be announced "where appropriate".

It was reported earlier today that Hewlett-Packard might announce two big news: splitting up the PC division and spending about $10 billion on buying autonomy.

Two companies did not comment on the purchase price.

Hewlett-Packard CEO Lee Ai (Leo Apotheker) said it would extend to software and cloud computing services and plan to divest the Low-margin PC business.

"This is where we want him to go, to get out of the low-margin industry and to focus on developing core competencies, such as software," said Abhey Lamba, an analyst at the ISI Group in New York, Abuhei Lamba. ”

Automy, the UK's second-largest software provider, specializes in semantic computing, and its software is designed to identify relationships between structured and unstructured data, including Coca-Cola, Nestle and the SEC.

Automy's CEO, Mack Linch, has a 8% stake in the company, and if the deal is reached, he will be worth $813 million. In an interview on July 21, Lynch said that British software companies are much cheaper than American companies.

Over the past 5 years, European software companies have taken over 970 mergers and acquisitions, trading at more than 31 billion dollars.

In addition, HP's Personal Systems Division (Personal BAE Group) may also be sold, which includes smartphones, tablets, webOS and PCs. The department's revenue amounted to 41 billion dollars, but it contributed only 13% of the profits.

Previously, the Low-margin, High-volume pc business was seen as a potential spin-off, given intense competition and a sharp reduction in consumer-grade PC demand.

(Responsible editor: Lu Guang)

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