Oracle Skeptical of Autonomy’s Price Tag, Lynch’s Credibility

Print Email

By: Matt Egan / FOXBusiness

Long before Hewlett-Packard’s bombshell accusation of fraud at its Autonomy business, Oracle was publicly questioning both the integrity of Autonomy CEO and co-founder Mike Lynch as well as his company’s valuation.

After H-P acquired the enterprise software company for a final price of $11.1 billion in 2011, Oracle CEO Larry Ellison said in a conference call that Autonomy had been “shopped” to his company as well.

According to FoxBusiness, it raised a number of red flags.