Autonomy CEO leaves HP transition plan blocked

Recently, according to foreign media reports, Autonomy company CEO Mack Linch (Mike Lynch) left HP. After his departure, Bill Veghte, who was nominated chief strategist and head of software in January this year, will take over his position.

It is understood that at the beginning of the acquisition, HP wanted to use autonomy to complete the transition from hardware to software, but now the strategy has not been achieved. In fiscal quarterly earnings, Autonomy's patent revenues fell sharply, and Hewlett-Packard CEO Whitman said the product was "disappointing".

At the company's meeting, Whitman told analysts, "It's not a product, it's not a demand, it's not a strong competitor, it's a business problem." She shows that autonomy does not mix well with other departments, such as the sales department that can help it.

The documents show that Hewlett-Packard Financial controller Kathie Lesjak tried to stop the acquisition of nearly 12 billion dollars in autonomy, but eventually did not arrive at the former CEO Lee Ai Branch's insistence.

After taking over Lynch's work, Veghte will remain chief strategist. Veghte joined Hewlett-Packard in 2010, having been in the Microsoft Department for 20 years. (Bonin)