So Autonomy has been bought by Hewlett Packard, the 2nd largest IT services supplier in the world.Will this mean anything spectacular for the world?So far no one is saying much about it. HP themselves are saying they are getting out of consumer products and into supplying business services.Please respect FT.com's ts&cs and copyright policy which allow you to: share links; copy content for personal use; & redistribute limited extracts. Email firstname.lastname@example.org to buy additional rights or use this link to reference the article - http://www.ft.com/cms/s/2/b0371e98-ca7d-11e0-aedd-00144feabdc0.html#ixzz1Vmot4lxD
The company stunned shareholders with simultaneous announcements late on Thursday that it was likely to spin off the world’s best-selling personal computer line, pull the plug on tablet computing, buy UK software group Autonomy and re-evaluate a range of other assets.
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.
If HP knew they had bought technology that could literally alter the world and its workings almost overnight, well, 3 to 6 months (maybe a year for full on global) don't you think that there would be some inkling of it in the media somewhere out there?
Would there have been a 23point drop in HP share prices if the world knew what HP now had to offer the world?
I don't think so.
Tuesday, 23 August 2011