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Wed, 25 Mar 2026

Wed, 25 Mar 2026 Estate of late tycoon Mike Lynch to pay damages of £920m

Judge rules that Hewlett-Packard Enterprise was owed damages for the £8.2bn acquisition of Autonomy in 2011.

* Estimated damages: $1.24bn (£920m)
* Interest owed: around £700m
* Autonomy's original purchase price: $11.1bn (£8.2bn)
* HP's claim against Lynch: approximately $5bn (£3.79bn)
* Autonomy's losses through the sale: estimated at around $761m
* Lynch's acquittal in the US: cleared of fraud charges just weeks before his death