In Largest-Ever Legal Technology Deal, HP Acquires Autonomy for $10B

, Legaltech News


Hewlett-Packard is buying legal technology giant Autonomy for $10.3 billion in the field's largest-ever deal. Autonomy customers said they have been disappointed with Autonomy's recent products and are cautiously hopeful that HP can improve the software company's engineering and service. Experts say it may indicate still more large deals to come.

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What's being said


    Wow, I just read about the Autonomy deal. This will be a bust for HP! They (Autonomy) have been buying antiquated software to cobble into end to end eDiscovery solutions for the past 4 years and nothing works. I have consulted to a lot of corporations that have purchased and attempted to implement IDOL and many of their other apps and they are just not working. Some of these projects have been in the works for well over a year... I was wondering when the shoe was going to drop but it looks like they sold the problem to HP for a tidy profit. Bummer. I guess HP can fix the problem if they throw enough money at it, but geez they just bought a can of worms.

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