HP took an $8.8 billion write-down on the purchase in 2012. The Autonomy assets were assumed by HPE, which was spun off from HP in 2015 and moved its headquarters to the Houston area in 2022. The U.K. court ruled that HP was entitled to more than 700 million pounds, nearly $950 million. HPE had sought as much as $4.55 billion in damages.

In the HP and Hewlett Packard Enterprise case, about 350 former and current workers are to share in the $18 million award. The group includes people terminated at 40 or older, allegedly under the ...

The stock's fall snapped a three-day winning streak.

Hewlett-Packard (HP) lost hundreds of millions of pounds through its acquisition of British software company Autonomy, which was founded by Mike Lynch, a High Court judge has ruled.

Bay Area technology giants HP and Hewlett Packard Enterprise will together pay $1.45 million after the U.S. Department of Labor accused them of “systemic pay discrimination” affecting female ...