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HP may buy software company for $10 bn: Report

Personal computer giant Hewlett-Packard (HP) is in talks to buy British software company Autonomy for about $10 billion, a media report said.



Washington: Personal computer giant Hewlett-Packard (HP) is in talks to buy British software company Autonomy for about $10 billion, a media report said.
HP - based in Palo Alto, California - is expected to announce the plans soon, Xinhua reported.

Currently listed on the London Stock Exchange, Autonomy is Britain`s second-largest software maker and has joint headquarters in Cambridge and San Francisco.

Microsoft and Oracle were also reportedly bidding on Autonomy.

IANS

From Zee News

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