Autonomy’s Mike Lynch counter sues HP over $11 billion deal


British tech entrepreneur Mike Lynch on Thursday said he would file a claim against Hewlett-Packard for $150 million in damages over allegations the U.S company made about his role in the acquisition of his software company Autonomy in 2011. Lynch's action marks the latest twist in a long-running battle between the HP and Lynch that has led to multiple lawsuits over who is to blame for a disastrous deal that cost HP shareholders billions of dollars of value. HP's $11 billion purchase of Autonomy was supposed to form the central part of the U.S. group's move into software.

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