mrspoonsi sends up an update on the investigation into Autonomy, a software company acquired by HP in 2011. HP paid a staggering $11.7 billion in the deal, then later wrote off $8.8 billion and claimed Autonomy's management intentionally defrauded them. The UK Serious Fraud Office opened a case on the matter in 2013, but that investigation has now been dropped. According to the Office's press release, they felt there was "insufficient evidence for a realistic prospect of conviction," given the information they had to work with. Autonomy is not off the hook, however — the case has now been entirely ceded to U.S. authorities.
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