• CompactFlax@discuss.tchncs.de
    link
    fedilink
    English
    arrow-up
    30
    ·
    11 hours ago

    During this same period, he became laser-focused on acquiring Autonomy for $10.3 billion—a software company that fit his transformation vision perfectly. Everything else, including breakthrough mobile technology, felt like a distraction from this software-focused strategy. That Autonomy acquisition later required more than an $8 billion write-down,

    Apotheker wrote down 9.2 billion in 11 months and that’s just the stuff the article mentions. I can’t achieve that level of failure in a lifetime.

    • Brkdncr@lemmy.world
      link
      fedilink
      English
      arrow-up
      10
      ·
      11 hours ago

      Autonomy was hot garbage while HP owned it. Zero improvements to the product stack. I think the original owners bought it back and pushed out an upgrade that made it 10x better.

      • Revan343@lemmy.ca
        link
        fedilink
        English
        arrow-up
        8
        ·
        11 hours ago

        Lol, I hope they bought it back for less than they originally sold it for