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Thursday, 18 August 2011

HP shakeup - buying Autonomy, dropping webOS

HP has confirmed that it's buying British enterprise software company Autonomy for $42.11 a share. The confirmation came in HP's official earnings release, which came out about a half hour after another release in whichThe company is also close to acquiring the UK based software maker Autonomy. The Autonomy purchase is reported to cost as much as $10 billion, third largest acquisition after the purchase of Electronic Data Systems and Compaq Computer is not cheap.The world's

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