As many as a quarter of the staff at Autonomy quit the British software group soon after its acquisition by HP, former employees said, with one likening the US computer maker’s internal procedures to “being water-boarded” almost daily.
The $10.3bn deal in August
was the biggest acquisition of a European IT company and heralded by
Leo Apotheker, HP’s chief executive at the time, as a chance for HP to
gain leadership in searching unstructured data with Autonomy’s
“well-regarded management team and talented, dedicated employees”...
from Financial Times
Friday, 25 May 2012
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