HP CEO Whitman Says Autonomy Is Its Last Big Software Deal
October 05, 2011, 6:13 PM EDTBy Aaron Ricadela
Oct. 5 (Bloomberg) -- Hewlett-Packard Co. won’t look for big takeover targets in the software industry following its $10.3 billion purchase of Autonomy Corp., Chief Executive Officer Meg Whitman said at an event in San Francisco today.
“It’s certainly the end of big acquisitions,” said Whitman, when asked whether she would continue the software expansion strategy of her predecessor, Leo Apotheker, who was ousted as CEO last month.
To contact the reporter on this story: Aaron Ricadela in San Francisco at aricadela@bloomberg.net
To contact the editor responsible for this story: Tom Giles at tgiles5@bloomberg.net
