Autonomy’s Mike kill fires back on HP’s newly filed 10-K, load details and lists monetary checks

Autonomy’s Mike kill fires back on HP’s newly filed 10-K, load details and lists monetary checks
Article by www.Batteryer.Co.Uk : At the moment news broke through a filing with the purpose of HP’s allegations critical of independence, a company with the purpose of it purchased instead of $11 billion, are under investigation by the realm of Justice (DOJ).

The informative of the investigation indicates with the purpose of the problem flanked by the companies finished claimed accounting fraud desire likely be alive established.

Taking part in response, independence creator Mike kill has released a statement, pushing back critical of HP instead of what did you say? He claims are a lack of details. Source to his complaints is how much of the $5 billion write-down is interrelated to the ostensible accounting issues.

TNW has pasted the statement lower than, with its source segments highlighted by our team. We’ll fly in a circle back afterwards:

It is enormously disappointing with the purpose of HP has again botched to provide a detailed calculation of its $5 billion write-down of independence, before distribute every explanation of the serious allegations it has made critical of the past management team, taking part in its yearly show up filing at the moment.
Furthermore, it is right now take away understandable how much of the $5 billion write-down is taking part in information being attributed to the alleged accounting issues, and how much to other changes taking part in concern performance and pay projections. This appears to be alive a material alter taking part in HP’s allegations.
Simply set, these allegations are false, and taking part in the absence of added note we cannot understand what did you say? HP believes to be alive the basis instead of them.

We too achieve not understand why HP is raising these issues right now certain with the purpose of independence reported into the HP Finance team from the day of the week the acquisition fulfilled taking part in October 2011, in attendance was an extensive due diligence process and independence was audited seeing that a open company instead of many years.

We would particularly create the following points: