HP in talks to buy UK software co: Report
Friday, 19 August 2011, 19:10 IST
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WASHINGTON: Personal computer giant Hewlett-Packard (HP) is in talks to buy British software company Autonomy for about $10 billion, a media report said. HP - based in Palo Alto, California - is expected to announce the plans soon, Xinhua reported. Currently listed on the London Stock Exchange, Autonomy is Britain's second-largest software maker and has joint headquarters in Cambridge and San Francisco. Microsoft and Oracle were also reportedly bidding on Autonomy.
Source: IANS
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