May 24 2012 |
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Ovum comments: Mike Lynch to leave HP
It has been announced that Mike Lynch is leaving Hewlett-Packard less than a year after selling Autonomy. Tim Jennings, chief IT analyst at Ovum has the following comments:"Mike Lynch's departure from HP seems counter-intuitive in light of the company's intention to reinvest in R&D following its planned layoffs. Lynch is a technology visionary, and parting company on the basis of poor sales execution in the division, indicates that HP has struggled to create a clear vision for how to leverage its very expensive acquisition.
"Since the acquisition, HP has allowed Autonomy to run autonomously (admittedly somewhat at Lynch's behest), including maintaining separate R&D functions, but this has made it difficult to benefit from the company's core technology within the broader HP portfolio, just at a time when it is one of the hottest areas for enterprise investment.
-Ends-
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Claire Booty in the Ovum press office
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