HP continues $4bn lawsuit against Mike Lynch’s estate despite tragic death

HP continues $4bn lawsuit against Mike Lynch’s estate despite tragic death

Hewlett-Packard (HP) is pushing forward with its $4 billion damages lawsuit against the estate of the late tech entrepreneur Mike Lynch, despite his recent death in a sailing accident. The legal battle dates back to HP’s acquisition of Lynch’s company, Autonomy, for $11.7 billion in 2011, which later resulted in an $8.8 billion write-down due […]

Thoma Bravo set to acquire cybersecurity firm darktrace in a $4.99bn all-cash deal

Thoma Bravo set to acquire cybersecurity firm darktrace in a $4.99bn all-cash deal

Thoma Bravo, a leading software investment firm, announced today that it has agreed to acquire all issued and to be issued ordinary share capital of Darktrace, a global leader in cybersecurity artificial intelligence, for an all-cash transaction. The acquisition values Darktrace at approximately $4,992 million, representing a substantial premium and reflecting the company’s strong position […]