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HP awarded GBP700 million from Mike Lynch estate, former business partner

By Phoebe Seers and Martin Coyle ( July 22, 2025, 10:24 GMT | Insight) -- Hewlett-Packard has been awarded more than 700 million pounds in damages from Mike Lynch’s estate and his former business partner, over its acquisition of software business Autonomy. HP bought Autonomy for $11.7 billion in 2011, but a UK judge ruled in 2022 that co-founder Lynch and former chief financial officer Sushovan Hussain had exaggerated Autonomy’s business. Lynch died in 2024 when his superyacht sank off the coast of Sicily.Hewlett-Packard has been awarded more than 700 million pounds ($945 million) in damages from Mike Lynch’s estate and from his former business partner, over its acquisition of software business Autonomy....

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