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	<title>Betabeat &#187; Autonomy Founder Crosses Meg Whitman Off His Christmas Card List</title>
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		<title>Betabeat &#187; Autonomy Founder Crosses Meg Whitman Off His Christmas Card List</title>
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		<title>Autonomy Founder Crosses Meg Whitman Off His Christmas Card List</title>

		<comments>http://betabeat.com/2012/12/hewlett-packard-ceo-meg-whitman-is-officially-off-mike-lynchs-christmas-card-list/#comments</comments>
		<pubDate>Mon, 10 Dec 2012 10:30:24 -0400</pubDate>
					<link>http://betabeat.com/2012/12/hewlett-packard-ceo-meg-whitman-is-officially-off-mike-lynchs-christmas-card-list/</link>
			<dc:creator>Patrick Clark</dc:creator>
				
		<guid isPermaLink="false">http://betabeat.com/?p=73318</guid>
		<description><![CDATA[<p><div id="attachment_71140" class="wp-caption alignleft" style="width: 294px"><a href="http://betabeat.com/2012/11/there-are-two-narratives-on-hewlett-packards-8-8-billion-loss-which-one-should-you-believe/lynch-autonomy/" rel="attachment wp-att-71140"><img class="size-full wp-image-71140" alt="Lynch. (The Telegraph)" src="http://nyobetabeat.files.wordpress.com/2012/11/lynch-autonomy.jpg" width="284" height="177" /></a><p class="wp-caption-text">Lynch. (The Telegraph)</p></div></p>
<p>Ever since Hewlett-Packard delivered its bombshell allegations against Autonomy, the search engine maker that HP acquired for $11.1 billion last year, the dispute between the sides has fallen into a holding pattern: Autonomy founder Mike Lynch speaks, and HP doesn't.<!--more--></p>
<p>To <a href="http://betabeat.com/2012/11/hewlett-packard-takes-8-8-billion-charge-says-it-was-duped-in-autonomy-deal/">refresh your memory</a>, HP said it was taking an $8.8 billion write-down on the value of Autonomy when the Silicon Valley giant announced third-quarter results on November 20. The reason for the massive loss on the newly acquired company? According to HP, accounting shenanigans at Autonomy led to an inflated valuation.</p>
<p>Autonomy founder Mike Lynch has been far more talkative. Since the day HP went public with its claims, Mr. Lynch has taken to a variety of platforms to <a href="http://blogs.wsj.com/digits/2012/11/20/qa-with-autonomy-founder-mike-lynch-on-h-p-allegations/">deny charges</a> that his company cooked the books, <a href="http://dealbook.nytimes.com/2012/11/27/autonomys-ex-chief-calls-on-h-p-board-to-defend-allegations/">wonder aloud</a> whether HP had targeted his old company as a means of distracting investors from disappointing results, and <a href="http://betabeat.com/2012/12/mike-lynch-blog-hp-autonomy-meg-whitman-fraud-deception/">tell anyone</a> who would listen that he'd yet to hear word number-one from HP regarding the allegations.</p>
<p>Today, the Autonomy founder told Bloomberg that he's yet to <a href="http://www.bloomberg.com/news/2012-12-10/autonomy-s-lynch-hasn-t-heard-from-hp-in-accounting-row.html">hear anything</a> from HP regarding the crooked accounting claims, noting that he was initially informed of the allegations via text message.“We haven’t heard anything from anybody,” he told Bloomberg. “It’s a very strange way of doing things, but we’d love to hear more.”</p>
<p>Also: “Meg is so off of my Christmas card list this year,” he said.</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_71140" class="wp-caption alignleft" style="width: 294px"><a href="http://betabeat.com/2012/11/there-are-two-narratives-on-hewlett-packards-8-8-billion-loss-which-one-should-you-believe/lynch-autonomy/" rel="attachment wp-att-71140"><img class="size-full wp-image-71140" alt="Lynch. (The Telegraph)" src="http://nyobetabeat.files.wordpress.com/2012/11/lynch-autonomy.jpg" width="284" height="177" /></a><p class="wp-caption-text">Lynch. (The Telegraph)</p></div></p>
<p>Ever since Hewlett-Packard delivered its bombshell allegations against Autonomy, the search engine maker that HP acquired for $11.1 billion last year, the dispute between the sides has fallen into a holding pattern: Autonomy founder Mike Lynch speaks, and HP doesn't.<!--more--></p>
<p>To <a href="http://betabeat.com/2012/11/hewlett-packard-takes-8-8-billion-charge-says-it-was-duped-in-autonomy-deal/">refresh your memory</a>, HP said it was taking an $8.8 billion write-down on the value of Autonomy when the Silicon Valley giant announced third-quarter results on November 20. The reason for the massive loss on the newly acquired company? According to HP, accounting shenanigans at Autonomy led to an inflated valuation.</p>
<p>Autonomy founder Mike Lynch has been far more talkative. Since the day HP went public with its claims, Mr. Lynch has taken to a variety of platforms to <a href="http://blogs.wsj.com/digits/2012/11/20/qa-with-autonomy-founder-mike-lynch-on-h-p-allegations/">deny charges</a> that his company cooked the books, <a href="http://dealbook.nytimes.com/2012/11/27/autonomys-ex-chief-calls-on-h-p-board-to-defend-allegations/">wonder aloud</a> whether HP had targeted his old company as a means of distracting investors from disappointing results, and <a href="http://betabeat.com/2012/12/mike-lynch-blog-hp-autonomy-meg-whitman-fraud-deception/">tell anyone</a> who would listen that he'd yet to hear word number-one from HP regarding the allegations.</p>
<p>Today, the Autonomy founder told Bloomberg that he's yet to <a href="http://www.bloomberg.com/news/2012-12-10/autonomy-s-lynch-hasn-t-heard-from-hp-in-accounting-row.html">hear anything</a> from HP regarding the crooked accounting claims, noting that he was initially informed of the allegations via text message.“We haven’t heard anything from anybody,” he told Bloomberg. “It’s a very strange way of doing things, but we’d love to hear more.”</p>
<p>Also: “Meg is so off of my Christmas card list this year,” he said.</p>
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			<media:title type="html">Lynch. (The Telegraph)</media:title>
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