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HP May Buy Software Company for $10 bn: Report

  •   Fri, Aug 19 2011 10:08:30 AM

Washington, Aug 19 (IANS): 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.
  

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Title: HP May Buy Software Company for $10 bn: Report



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