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Tuesday, Nov 27
2012, 12:18 PM
More on H-P/Autonomy: The WSJ reports its talks with ex-Autonomy employees, partners, and...
More on H-P/Autonomy: The WSJ reports its talks with ex-Autonomy employees, partners, and attorneys "paint a picture of a hard-driving sales culture" that used aggressive accounting to keep license revenue growing. Up-front (as opposed to deferred) revenue recognition and deals in which Autonomy agreed to buy product/services from a "customer" were common. An H-P source expresses confidence some of Autonomy's accounting was improper regardless of whether U.S. or international rules are applied.