HP close to buying Autonomy for $10 bn: Report
HP could make the announcement on the same day it is due to release quarterly earnings, Bloomberg said, citing sources familiar with the company's plans.
HP has denied past speculation that it was in discussions to sell or spin off its PC arm, one of its largest divisions but also among the least profitable.
Cambridge-based Autonomy counts Procter & Gamble Co among a long list of major corporate customers that use its software to search and organize unstructured data like emails.
Shares of the HP were down 2.9 percent at USD 30.48 at midday.