léo apotheker
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HP Still Thinks Humiliating $11b Autonomy Purchase Was A Decent Buy
The man who engineered HP’s disastrous $US11.1 billion purchase of Autonomy — a company whose accounting improprieties just cost the laptop behemoth a whopping $US9 billion — is Léo Apotheker. So what does the man who let an acquisition of this size go through without proper due diligence think about the deal after today’s revelations?
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SERIOUSLY HP MEG WHITMAN WHY WHY WHY
All Things D reports that apparently HP CEO Léo Apotheker will be ousted today, and former eBay CEO/failed gubernatorial candidate Meg Whitman will take his place. Because when your house is on fire, your first call should be to an arsonist.
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HP’s CEO Seems A Tad Overconfident
During a Q&A session, HP CEO Léo Apotheker seemed confident in his company’s direction into cloud computing and the tablet market. Saying, “R&D is not just measured in dollars”, Apotheker basically defended HP’s slimmer budget since former CEO Mark Hurd famously cut it down.