Hewlett-Packard buys UK-renowned software companies at a price of about 10.3 billion dollars, autonomy

Abstract: According to foreign media reports, Hewlett-Packard has confirmed that it is trying to 42.11 U.S. dollars per share, a total of about 10.3 billion U.S. dollars to buy the UK's well-known software company Autonomy, the acquisition will be the third largest acquisition by HP to date, is expected to be completed by the end of 2011

According to foreign media reports, Hewlett-Packard has confirmed that it is trying to 42.11 U.S. dollars per share, a total of about 10.3 billion U.S. dollars to buy Britain's well-known software company Autonomy, the acquisition will be the third largest acquisition by Hewlett-Packard to date, is expected to be completed by the end of 2011.

Autonomy, a British technology company that provides high-end search engine software for businesses, founded in 1996, was reborn after the dotcom bubble of the turn of the century, not only in Silicon Valley, but in the acquisition of three U.S. companies, and in the financial crisis as one of the few UK technology companies to reverse the growth of the city. Autonomy intelligent search engine software in the future may challenge Google's dominance in this field. Léo Apotheker, Hewlett-Packard's president and chief executive, said in a quarterly results call that the acquisition would speed up HP's enterprise software business.

Since Lee Ai became CEO of Hewlett-Packard last November, he has been trying to ease HP's reliance on the PC business and extend it to software and cloud computing services. This time, the company also said it would split its PC division, divest its large, low-margin PC business and stop selling its webOS-based tablets and handsets.