Autonomy's Mike Lynch: HP will let us do business our own way

Autonomy's Mike Lynch: HP will let us do business our own way

Boss of UK software giant insists there will not be interference

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Mike Lynch, who recently sold his software firm to HP for £6.7 billion, has said the US-based company has vowed not to interfere with the day-to-day style or workings of his business.

Lynch told delegates at yesterday's Bloomberg Enterprise Technology Summit in London that HP chief executive Meg Whitman recognised that the way Autonomy works is important to preserve for its employees and its customers.

"HP understands that Autonomy is high-speed, smaller and more agile," he said, "and that it needs to be left that way.

"They drove this acquisition in that style."

Lynch remains at the top of Autonomy following the acquisition.

Even though HP is many times larger than Autonomy, its chief executive did not want to impose the company's culture on Autonomy, he said.

"Meg [Whitman] uses the analogy of a mother tiger not rolling over onto her cub."

Lynch, who pocketed over £500 million from the acquisition, said the acquisition was the right move for customers.

"We never had a services operation before. And you now have the ability to be our customer and ring HP to get an expert in each arm of their business from hardware to software, so you've got a more all-round picture."

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