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autonomy corp plc (AUTNF) Key Developments

Autonomy Corp. plc Launches Legacy Data Cleanup Solution for Information Governance

Autonomy Corp. plc announced a new solution designed to address the cost, compliance and control challenges confronted by organizations struggling to manage increasing volumes of legacy information. Autonomy Legacy Data Cleanup, powered by Autonomy ControlPoint 4.0, helps organizations gain access to, understand, classify and defensibly dispose of outdated and unnecessary legacy information. Many organizations are dealing with information sprawl from multiple legacy systems, as well as information acquired as part of corporate mergers and acquisition activity. Legacy data in old SharePoint sites, email file stores and other repositories can quickly become hidden from the organization at large. This "dark data" eats up storage budgets and inhibits efforts to modernize infrastructure and migrate information to the cloud. Dark data also contains unknown business value and risk to an organization. The Autonomy Legacy Data Cleanup solution addresses these issues by allowing organizations to: Explore and analyze content from multiple data sources, such as email repositories, file shares and SharePoint sites, to identify, filter, classify and separate valuable from outdated information. Dispose of data that has "aged out" of organizations' retention policies-and establish an audit trail. Apply policy and take action on identified content by moving the data to an information archiving or records management system, for more efficient legal holds and improved access to information. Together, these capabilities solve an important big data challenge for organizations of all sizes, resulting in reduced data storage costs, lower risks to the business, and greater control and leveragability of an organization's distributed data assets. The HP Autonomy Legacy Data Cleanup solution can be deployed in a standalone, modular fashion, or leveraged as part of HP Autonomy's comprehensive portfolio for information governance, which consists of solutions for archiving, eDiscovery, enterprise content management, data protection, legal hold and records management. The solution can serve the needs of organizations at different stages of information governance adoption. This ranges from organizations that simply seek a snapshot of their legacy data, to organizations that desire to leverage the offering as part of a larger information governance program that applies the same policy and rigor to "live" active data as well as legacy dark data. The Autonomy Legacy Data Cleanup solution and ControlPoint 4.0 are available in all regions now.

Hewlett Packard Slashes 70 Jobs at Autonomy

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.

Potential Buyers Reportedly Eyes Autonomy And EDS

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.

State of Oregon Embraces HP TRIM for Statewide Cloud-Based Records Management Program

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.

North Shore Credit Union Chooses Autonomy Corp. plc to Secure Data and Reduce Costs

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.

 

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Valuation AUTNF Industry Range
Price/Earnings 43.5x
Price/Sales 10.4x
Price/Book 4.3x
Price/Cash Flow 35.3x
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