Reply to post: Creepy 'Maths qualified' Salespeople

HP crashed Autonomy because US tech titan's top brass 'lost their nerve', says lawyer for ex-CEO Mike Lynch

MrNigel

Creepy 'Maths qualified' Salespeople

HP are 100% correct - they were selling snake oil. I met a number of times with Autonomy at their Head Office and rented London Sales Office next to the Ritz. It was like meeting a cult, the 20 something's in their dark suits looking like wanabee IBMer's, the chanting of 'Mike developed this clever algorithm thingy' and the sheer pomposity of starting every meeting with the announcement of their share price. Their standout tech example was a speech to text demo of a live TV news feed. Well it was 2006.......

The court case is wrong - it should be the HP shareholders bringing a class action against the board members involved in signing the deal. Due diligence?

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