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Autonomy Issues (Apr 20, 2021) Website operated by volunteers. Not officially endorsed or supported. Question? Email: info@hpalumni.org Information for Autonomy alumni -- whether or not you ever worked for HP... Received a "Potential Private Retirement Benefit" letter from Social Security? How to decode the letter and who to contact, if necessary: Potential Benefit letter HP Breakup. On Nov 1, 2015, the legal name of the Hewlett-Packard Company was changed to HP Inc. and a new, completely separate company – Hewlett Packard Enterprise (green-rectangle logo; no hyphen) – was spun out. Portions of HPE were later spun out into DXC and Micro Focus: HP Breakup
HP Inc. is the overall legal successor to companies acquired by Hewlett-Packard before the company was
split into HP Inc and Hewlett Packard Enterprise on Nov 1, 2015. In general, responsibility for original commitments to former U.S. employees of Compaq, DEC, EDS, etc. remain with HP Inc. – regardless of whether their last business unit ended up in HP or HPE. (Canada and UK: HPE. Other countries vary. Which HP-related companies have me classified as a retiree or former employee? Due to acquisitions and spinoffs, this may not be obvious. Check here: Which Company Contacts at HP Inc. -- the successor company: HP contacts Employment verification and experience letters for Hewlett-Packard, Hewlett Packard Enterprise, and related companies. Employment and Experience Verification Make sure that the legal successor to every company you ever worked for has your current postal address. Even if not classified by the company as a "Retiree" or if long gone -- in case of pension plan changes, employment lawsuits, settlements, or other issues. Update address at former company HP's purchase of Autonomy "In 2011, HP bought Autonomy, a maker of software to keep track of unstructured data, founded by Mike Lynch in the UK for $11bn. After the buyout, the US IT titan wrote down the value of Autonomy by $8.8bn, claiming the British firm had 'misrepresented' its value. Lynch, Autonomy CEO at the time of the biz gobble, denies this. HPE is now suing Lynch and Autonomy financial chief Sushovan Hussain at the High Court in London, seeking $5bn in damages. Over in the States, prosecutors are pursuing a separate criminal fraud case against Lynch and Autonomy bean-counter Stephen Chamberlain. All three men deny any wrongdoing." Register article Feb 2021 [British IT news site "The Register" -- motto: "Biting the Hand that Feeds IT" -- is following the HP-Autonomy legal cases in detail.] "A U.S. appeals court upheld former Autonomy Corp Chief Financial Officer Sushovan Hussain’s fraud conviction and five-year prison sentence for his role in the $11.1 billion sale of the British software company to Hewlett-Packard in 2011." Reuters article Aug 2020 "Britain’s accounting regulator has fined Deloitte a record £15 million ($19.4 million) for its audit of software firm Autonomy... [Former Deloitte partner] Knights has been excluded from membership of the Institute of Chartered Accountants for England and Wales for five years and fined £500,000... [Former partner] Mercer has been fined £250,000 and received a severe reprimand." Reuters article Sep 2020
"Hewlett Packard Enterprise settled
its potential lawsuit against Autonomy auditors Deloitte for
$45m in 2016... The 2016 agreement also expressly said that
Deloitte did not admit any wrongdoing or liability. It also said
Deloitte would hand over 'complete access' to all of Deloitte's
Autonomy audit papers and internal emails about them."
Register
article Mar 2021
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