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August 18, 2011

HP to Buy Autonomy? Details Tonight ....

Bloomberg is reporting that Hewlett-Packard is acquiring e-discovery giant Autonomy for $10 billion, and that the news will be announced in HP's third-quarter earnings call at 5:00 ET / 2:00 PT today. Autonomy confirmed that it is "in talks" with HP. Assuming the Bloomberg story is correct, then it's HUGE news for the legal technology industry, and it automatically makes we media types wonder what's next -- as we here at LTN have already done. This news dwarfs the Symantec deal for Clearwell at a now-meager $390 million. Stay tuned!

Editor's Update: Here is Evan's Friday report. —M.B. 

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