The yacht that sank a fortune: HPE's shocking move after rival's tragic death
Tech giant Hewlett Packard Enterprise isn’t backing down from its legal battle with the late Mike Lynch’s estate, even after the British businessman’s tragic death off the Italian coast. HPE wants Lynch’s estate to pay a whopping $4 billion. Back in 2022, a UK court sided with HPE, agreeing that Lynch and his CFO, Sushovan Hussain, had pulled a fast one when they sold their company, Autonomy. The origin of this entire situation can be traced back to 2011, when HPE acquired Lynch’s company, Autonomy, for a cool $11 billion. In 2015, HPE sued Lynch and Hussain for $6.5 billion,
September 18, 2024