AutonomyCorp
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HP pays $10.4 billion for controlling interest in Autonomy, which will remain autonomous
VoodooPC. 3Com. And, perhaps most notoriously, Palm. The list of HP acquisitions grows by one today, with the purchase of UK information-software maker Autonomy, long a target of former HP chief Léo Apotheker. Apotheker, you may recall, was just ousted in favor of former eBay CEO Meg Whitman. The deal began during Apotheker's tenure and went through with HP paying just about $10.4 billion for a controlling percentage of Autonomy stock. The UK firm will remain a separate unit, with Whitman saying, "Autonomy significantly increases our capabilities to manage and extract meaning from that data to drive insight, foresight and better decision making." Something tells us she's not the only one hoping for some better decision making. For full details on HP's latest buy, check the source link.
Editorial: Engadget on the death of HP's webOS devices
WebOS, where did things go wrong? One moment you're worth a "double-down" investment by HP valued at $1.2 billion, and the OS of choice for future tablets, computers and even printers; the next, you're discarded like yesterday's crusty old oatmeal. Today, HP announced -- among other things -- that it's chosen to discontinue operations for its webOS lineup, and that the company "will continue to explore options to optimize the value of webOS software going forward." So what does this all mean for the future of webOS? Have we seen the last of webOS? Join us past the break for our thoughts.
HP will 'discontinue operations for webOS devices', may spin off Personal Systems Group
And just like that, Palm's baby was abandoned. Among the "other announcements" in today's press release about the potential spinoff of its entire Personal Systems group (PCs, mobile devices, storage) is a note that the webOS ecosystem HP snagged for $1.2 billion a year ago is already being ditched. "In addition, HP reported that it plans to announce that it will discontinue operations for webOS devices, specifically the TouchPad and webOS phones. HP will continue to explore options to optimize the value of webOS software going forward." Among slightly lowered estimates for its 2011 revenue, HP confirms it's in talks with Autonomy Corporation plc about a "possible offer" for the company. It's clear that a separation of HP the services / software company and HP the hardware manufacturer leaves no room in the lifeboat for the Pre and TouchPad family, but what happens next? We're sure there will be more pointed questions about what "optimizing the value of webOS software going forward" means -- we vote for a quickie sale to one of Google's disgruntled hardware partners or better yet, opening it up for some community hackery -- on the conference call scheduled for 5 p.m. Eastern. Update: HP CEO Leo Apotheker confirmed on the company's earnings call late this afternoon that the Autonomy acquisition is considerably further along than just a "possible offer," and that it's expected to be completed by the end of 2011. He also made it clear that any possible spin-off of the PC business won't happen soon, and said that the company will take 12 to 18 months to consider its options, further adding that he is "taking ownership" of all of these decisions. As for webOS, Apotheker expectedly offered few specifics, but suggested that just about all options, including licensing, remain on the table. Timeline: 4.28.10 - HP buys Palm 4.28.10 - HP: 'We're doubling down on webOS,' Palm: 'That was the whole point' 7.1.10 - HP / Palm buyout officially complete -- get ready for webOS printers 2.9.11 - RIP, Palm: 1992 - 2011 2.9.11 - HP's 9.7-inch TouchPad: webOS 3.0 tablet with 1.2GHz dual-core Snapdragon, coming this summer 2.9.11 - HP Pre 3: 1.4GHz Qualcomm CPU, 3.6-inch WVGA, coming this summer (video) 3.9.11 - WebOS will be on 'every HP PC' shipping next year, says CEO 6.29.11 - HP confirms it's in talks about licensing webOS, Samsung tipped as a possibility 7.11.11 - HP's Stephen DeWitt to lead webOS global business unit, Jon Rubinstein stepping aside 8.18.11 - HP unveils 64GB TouchPad, spurns America (and freedom)
