HP's Autonomy Mishap: From High Expectations To High Anxiety


Sept. 22, 2011: No Intent To Transform HP

New HP Executive Chairman Lane, who took a more prominent role overseeing the computer giant with a $10.6 million pay package as part of the HP CEO changing of the guard, asserted that HP's acquisition of Autonomy did not mean the board of directors was intent on "transforming" HP. "With Autonomy's enormous success and enormous profitability and synergies we can gain, we think we can build a helluva business out of it," he said. "But it has nothing to do with transforming."

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