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

Aug. 22, 2011: HP Claims Autonomy Will Reinvent Analytics

HP said in a Securities and Exchange Commission filing that the planned acquisition of Autonomy would provide it with "the ability to reinvent the $55 billion business analytics software and services space, which is growing at 8 percent annually." Further, HP said in the filing: "Autonomy's leading IDOL platform combined with HP's strength in complementary products, services and infrastructure will enable the combined business to deliver a next-generation information platform, analytical application and performance optimization solutions."

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