autonomy corp plc (AUTNF:OTC US)
autonomy corp plc (AUTNF) Key Developments
Hewlett Packard (HP) announced to have cut 70 jobs from its Autonomy in the first reduction in force since the company had found accounting issues at the firm.
Hewlett-Packard Company (HP) has received expressions of interest from a number of parties to acquire Autonomy Corp. plc, according to people familiar with the discussions. The overtures have come mainly from other U.S. tech companies or their representatives, the people said. Some potential buyers have also expressed interest HP Enterprise Services, LLC (EDS). Chief Executive Officer of HP, Meg Whitman, so far isn't in selling mode, the people said. However, the company said in a recent regulatory filing that it would consider divesting some businesses "that may no longer help us meet our objectives." It's unclear if the EDS unit, which is tightly integrated into H-P's operations, can be extracted and sold off as a unit, one of the people said. However, Autonomy, a more recent acquisition, would be easier to sell, the person added.
Autonomy announced that the State of Oregon has selected HP TRIM as the cornerstone of a cloud-based records management system that will allow state, city and county agencies to manage, secure and provide access to digital and physical documents. Called Oregon Records Management Solution (ORMS), the cloud-based system is the result of a unique public-private collaboration between Autonomy, Chaves Consulting and Arikkan, utilizing HP TRIM to implement the first statewide electronic records management solution of its kind in the country. ORMS implements HP TRIM in the cloud as part of a Software-as-a-Service solution to make access to government records easier, more transparent, and affordable. Currently a pilot program, ORMS will provide agencies with the ability to manage records in an efficient, uniform manner and save money on storage, risk and litigation costs. ORMS will allow agencies to comply with Oregon public records law for scheduled notification of automated retention and destruction of records. In addition, ORMS will support eDiscovery projects when legal teams must produce and review large volumes of information.
Autonomy announced that North Shore Credit Union (NSCU) has selected HP Data Protector 7 and HP StoreOnce Catalyst to provide an end-to-end data protection and deduplication solution to back up the bulk of its email, servers, files and virtual environments. HP Data Protector is the industry's first unified, meaning-based data-protection solution that utilizes an intelligent data management approach to seamlessly protect and harness data based on its meaning from the edge to the data center and across physical, virtual and cloud environments. By leveraging Autonomy's Intelligent Data Operating Layer (IDOL) in HP Data Protector, organizations can achieve context-aware management of their data to optimize recovery, search, compliance and eDiscovery. Based on HP StoreOnce HP Data Protector also allows organizations to minimize infrastructure costs by unifying and eliminating duplicate files stored across disparate locations. The integration of HP Data Protector with HP StoreOnce Catalyst creates a single point of control for deduplication, backup and recovery, which enables companies to enhance backup processes, eliminate wasted resources, shrink network bandwidth cost and improve backup throughput.
Autonomy Corp. plc announced that Textkernel will embed Autonomy IDOL (Intelligent Data Operating Layer) technology in the new version of its resume parsing solution Extract!.Extract! helps companies streamline recruitment processes by automatically parsing the information contained in a resume or social media profile, and building out a single, complete candidate profile. Because the content, layout, and formatting of resumes vary significantly in every case, automating this extraction process requires technology which can process information in any format. Textkernel chose Autonomy's IDOL technology to power its document extraction process, allowing Extract! to capture all required information from a resume regardless of its format or file type. This removes the need for labor-intensive manual processes, and provides consistency and detail from a highly personalized and varied source material.
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Industry Analysis
AUTNF
Industry Average
| Valuation | AUTNF | Industry Range |
| Price/Earnings | 42.1x |
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| Price/Sales | 10.1x |
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| Price/Book | 4.2x |
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| Price/Cash Flow | 34.2x |
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| TEV/Sales | 10.3x |
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