Thursday, May 24, 2012

Hewlett-Packard just whacked the wrong executive | Internet & Media - CNET News

Perhaps Autonomy wasn't the wisest use of HP's $12B; tbd if the exit of Autonomy's founder/CEO will help or further hinder
"Now HP is saying that that Lynch is moving on. Autonomy's "license revenue was disappointing, sales execution was a challenge and big deals were taking longer to close," according to finance director, Cathie Lesjak. Whitman read from the same script, adding that Autonomy's problems were "not the product...It's not the market...It's not the competition. This is classic entrepreneurial company scaling challenges -- it's a whole different ball game.""
Hewlett-Packard just whacked the wrong executive | Internet & Media - CNET News
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