Former HP CEO Léo Apotheker tells court he didn't read Autonomy's latest accounts before fated $11bn buyout

Former HP CEO Léo Apotheker tells court he didn't read Autonomy's latest accounts before fated $11bn buyout

5 years ago
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https://www.theregister.co.uk/2019/04/01/leo_apotheker_autonomy_trial/

Autonomy Trial Former HP CEO Léo Apotheker has claimed that if controversial British software company Autonomy's accounts were accurate, "I doubt that HP would have pursued an acquisition of Autonomy at all" – even as he admitted he himself hadn't read its quarterly results before getting HP to buy it in 2011.

Apotheker's bold claim, made in his witness statement to London's High Court, was robustly challenged in cross-examination by Robert Miles QC, barrister for former Autonomy CEO Mike Lynch.

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