Hewlett-Packard (NYSE:HPQ)'s pending $10.3 billion acquisition of Autonomy is intended to help turn HP into a provider of information management services, said HP Chairman Ray Lane and Shane Robison, the company's executive vice president and chief strategy and technology officer.
The executives also promised to make the Autonomy technology available to mid-range customers also looking to extract value from their data.
Lane and Robison made their comments in response to questions from Fritz Nelson, senior vice president and editorial director of InformationWeek. InformationWeek is a sister publication of CRN.
Their comments come in the wake of last month's announcement that HP plans to acquire the British-based developer of information management software.
Autonomy, based in Cambridge, U.K., markets database search, information governance, information discovery, records management, archiving and Web content management software. Autonomy made news in May when it spent $380 million to acquire technology assets from iron Mountain, including digital archiving, e-discovery, and backup and recovery services.
Lane said HP's vision is to be a service company with innovative technology on the back end -- servers, storage, networking -- to provide information management.
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Source: crn.com
By: Joseph F. Kovar
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