Showing posts with label autonomy. Show all posts
Showing posts with label autonomy. Show all posts

Monday, October 3, 2011

HP Acquires Control of Autonomy Corporation.

WorldWide Tech & Science. Francisco De Jesús.


HP Acquires Control of Autonomy Corporation plc.

Positions HP as a leader in fast-growing enterprise information management and data market.


PALO ALTO, Calif., Oct. 3, 2011





HP today announced that it has acquired control of Autonomy Corporation plc (LSE: AU. or AU.L).

Holders of 213,421,299 Autonomy shares have accepted HP’s previously announced offer to purchase the entire share capital of Autonomy at a price of £25.50 per share in cash, representing approximately 87.34 percent of the current issued share capital of Autonomy. As such, all conditions relating to the offer have now been satisfied, allowing HP to acquire control of Autonomy.

The acquisition positions HP as a leader in the large and growing enterprise information management space. Autonomy’s software offerings power more than 25,000 customer accounts worldwide and, as part of HP, will provide high-value business solutions to help customers manage the explosion of unstructured and structured information. Autonomy offers solutions that are complementary across HP’s enterprise offerings and strengthens the company’s data analytics, cloud, industry and workflow management capabilities.

“We are committed to helping our customers solve their toughest IT challenges. The exploding growth of unstructured and structured data and unlocking its value is the single largest opportunity for consumers, businesses and governments,” said Meg Whitman, HP president and chief executive officer. “Autonomy significantly increases our capabilities to manage and extract meaning from that data to drive insight, foresight and better decision making.”

As previously announced, Autonomy will operate as a separate business unit. Dr. Mike Lynch, the founder and chief executive officer of Autonomy, will continue to lead the Autonomy business and will report to Whitman.

“This is a historic day for Autonomy, our employees and the customers we serve, as we combine HP’s phenomenal assets and Autonomy’s specialized skills to produce systems that handle all the information in the enterprise, regardless of the format it is in,” said Lynch. “We are at the dawn of a new era when it is the ‘I’ in IT that is changing, not just the ‘T.’”

HP’s offer to purchase the remaining Autonomy shares remains open. Further information is available at www.hp.com/investor/offerdocuments.

About HP
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. The world’s largest technology company, HP brings together a portfolio that spans printing, personal computing, software, services and IT infrastructure at the convergence of the cloud and connectivity, creating seamless, secure, context-aware experiences for a connected world. More information about HP (NYSE: HPQ) is available at http://www.hp.com.

Related post: 

What means HP´s Autonomy acquisition for you? Smarphones cameras will allow you interact with images and objects.

What means HP´s Autonomy acquisition for you? Smarphones cameras will allow you interact with images and objects.

WorldWide Tech & Science. Francisco De Jesús.


Infoworld in an  interview to Autonomy´s CEO Mike  Lynch, he told them some of the benefits Autonomy will bring to HP and  customers:

“We covered a range of solutions that will likely flow from Autonomy, which he says will remain a "fairly independent" independent business division of HP. Here's a quick summary of what Autonomy brings to the party:

A very big public cloud. According to Lynch, Autonomy has a huge hosted e-discovery and archiving service: "A lot of commentators have missed that Autonomy's cloud business is now very large. It's now about 30 petabytes. And that's heterogeneous data -- it's desktops, it's messages -- so what you've got is a great resource if you've got questions about what's going on in a company." 

Visual recognition. Last spring, Autonomy debuted its Aurasma software for smartphones, which -- using a smartphone's camera -- recognizes images and objects in the real world and enables you to "interact" with them. Lynch explained how that could extend to HP's printing business. "We've got cloud-based document management, which comes as part of the printer. The Aurasma technology will be linked to the printer, so basically, whenever you print something, that image can then be recognized and linked to its virtual version.

 And whenever you print something out, that print version can become interactive -- you just hold a smartphone up to it."

Search and discovery appliances. Appliances using HP hardware were top of mind for Lynch. He believes that plug-and-go search and discovery solutions, coupled with HP's huge sales force, will expand the market for Autonomy's technology -- which has traditionally targeted large corporations -- to vast numbers of small and medium businesses. "We have 200 salespeople;" says Lynch. "Now, with the whole of HP's channel, it's 28,000 people."

Integration with Vertica. At Leo Apotheker's coming out party a year ago, Vertica, a columnar database solution, was the only technology demo on display. According to Lynch, "That is a really clever piece of technology. So basically what we're going to be doing is putting Vertica with Autonomy, and in one lot, you'll be able to do not only SQL queries, but structured/unstructured at the same time. Unstructured information growth is so high now, and it's becoming such a core part of what we have to do within the enterprise, that it's time for the database to be eclipsed by something that can handle both rather than just one type of information."

Vertical software. Lynch said that the ability of Autonomy software to manage unstructured data will be a boon in a number of vertical areas. "You've got things like HP Healthcare. And what we can do now is drop in some of our really neat unstructured information healthcare technology -- things like the Auminence Diagnostics tools. That's really nice stuff that could give some differentiation to those products."


Source:Infoworld

What means HP´s Autonomy acquisition for you? Smarphones cameras will allow you interact with images and objects.

WorldWide Tech & Science. Francisco De Jesús.


Infoworld in an  interview to Autonomy´s CEO Mike  Lynch, he told them some of the benefits Autonomy will bring to HP and  customers:

“We covered a range of solutions that will likely flow from Autonomy, which he says will remain a "fairly independent" independent business division of HP. Here's a quick summary of what Autonomy brings to the party:

A very big public cloud. According to Lynch, Autonomy has a huge hosted e-discovery and archiving service: "A lot of commentators have missed that Autonomy's cloud business is now very large. It's now about 30 petabytes. And that's heterogeneous data -- it's desktops, it's messages -- so what you've got is a great resource if you've got questions about what's going on in a company." 

Visual recognition. Last spring, Autonomy debuted its Aurasma software for smartphones, which -- using a smartphone's camera -- recognizes images and objects in the real world and enables you to "interact" with them. Lynch explained how that could extend to HP's printing business. "We've got cloud-based document management, which comes as part of the printer. The Aurasma technology will be linked to the printer, so basically, whenever you print something, that image can then be recognized and linked to its virtual version.

 And whenever you print something out, that print version can become interactive -- you just hold a smartphone up to it."

Search and discovery appliances. Appliances using HP hardware were top of mind for Lynch. He believes that plug-and-go search and discovery solutions, coupled with HP's huge sales force, will expand the market for Autonomy's technology -- which has traditionally targeted large corporations -- to vast numbers of small and medium businesses. "We have 200 salespeople;" says Lynch. "Now, with the whole of HP's channel, it's 28,000 people."

Integration with Vertica. At Leo Apotheker's coming out party a year ago, Vertica, a columnar database solution, was the only technology demo on display. According to Lynch, "That is a really clever piece of technology. So basically what we're going to be doing is putting Vertica with Autonomy, and in one lot, you'll be able to do not only SQL queries, but structured/unstructured at the same time. Unstructured information growth is so high now, and it's becoming such a core part of what we have to do within the enterprise, that it's time for the database to be eclipsed by something that can handle both rather than just one type of information."

Vertical software. Lynch said that the ability of Autonomy software to manage unstructured data will be a boon in a number of vertical areas. "You've got things like HP Healthcare. And what we can do now is drop in some of our really neat unstructured information healthcare technology -- things like the Auminence Diagnostics tools. That's really nice stuff that could give some differentiation to those products."


Source:Infoworld

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