yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Computing
Conference & Expo
November 2-4, 2009 NYC
Register Today and SAVE !..

2008 West
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
Red Hat
The Opening of Virtualization
User Environment Management – The Third Layer of the Desktop
Cloud Computing for Business Agility
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Return on Assests: Bringing Visibility to your SOA Strategy
Managing Hybrid Endpoint Environments
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
How Can AJAX Improve Homeland Security?
Beyond Widgets: What a RIA Platform Should Offer
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
How HP Wound Up with Autonomy: Reuters
HP CFO Cathie Lesjak was apparently the only person to question HP’s ability to pay all that money for Autonomy

Before former HP CEO Leo Apotheker, who had no obvious qualifications to run HP but was hungry to transform it, went after Autonomy, he tried to buy Comverse Technology, Tibco and Amdocs despite the fact that most of HP's acquisitions have come to grief.

According to a Reuters source, HP backed off Comverse because it wasn't current with its published accounts and was previously involved in an options accounting scandal, which almost sounds laughable considering the mess HP claims it subsequently got into.

HP supposedly couldn't agree on a price with Tibco, and Amdocs snubbed it, saying the timing wasn't right.

And that's how Apotheker and former HP chief strategy officer Shane Robison, also credited with being the architect of HP's troubled EDS acquisition, came to have lunch with Autonomy founder Mike Lynch in Deauville on the Normandy coast in July of 2011.

They didn't agreed on a price - that took a few more weeks and the fine hand of Frank Quattrone's Qatalyst Partners - but when they got up they shook hands on what would become an $11.1 billion deal, Reuters said after talking to nearly a dozen people directly connected with the deal or the current accounting investigation.

It reckons Apotheker, who told the board "we have to do something," was frustrated and HP was "so desperate to plot a new course that it may have been far too accepting of Autonomy's published and audited accounts."

HP chairman Ray Lane encouraged the deal, but pushed the final decision off onto Apotheker and Robison, who pitched the deal internally and was reportedly instrumental in getting it finalized.

Ahead of the acquisition a due diligence team of hundreds of people, including HP staffers and external accountants, lawyers and bankers, went over Autonomy's books, examined its contracts and interviewed Autonomy's top executives. The process was reportedly seen as being pretty straightforward since Autonomy had filed its accounts publicly and they had been audited.

At the same time, HP reportedly quizzed Lynch and Autonomy CFO Sushovan Hussain about reports going back to at least 2009 that their accounting was dicey. Apparently they explained such rumors away.

Still famed short seller Jim Chanos had identified Autonomy as a shorting opportunity because its reported margins of around 50% didn't seem to translate into cash flow and its reported double-digit growth in software license revenue seemed odd when rivals were experiencing shrinking sales.

HP CFO Cathie Lesjak was apparently the only person to question HP's ability to pay all that money for Autonomy and wonder if the acquisition could actually be integrated.

After the deal went through, Lynch, who's got quite an ego, reportedly had a problem accepting his subordinate position and tried to keep HP and its red tape at bay.

Meg had had enough by May and fired him. He came back in June to talk about his severance only to be met with questions about Autonomy's accounting from HP house counsel John Schultz. Lynch reportedly said he either couldn't remember the specifics or that Deloitte, its auditor, signed off on various items, claims that are said to be "far-fetched" given Lynch's hold over the company.

Lynch's spokeswoman claimed that the allegations HP made last week "were not put to him in June."

HP last week threatened legal action against Autonomy managers without naming names

About Maureen O'Gara
Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at) or paperboy(at), and by phone at 516 759-7025. Twitter: @MaureenOGara

In order to post a comment you need to be registered and logged in.

Register | Sign-in

Reader Feedback: Page 1 of 1

SOA World Latest Stories
SYS-CON Events announced today that Transparent Cloud Computing (T-Cloud) Consortium will exhibit at the 19th International Cloud Expo®, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. The Transparent Cloud Computing Consortium (T-...
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive...
Today every business relies on software to drive the innovation necessary for a competitive edge in the Application Economy. This is why collaboration between development and operations, or DevOps, has become IT’s number one priority. Whether you are in Dev or Ops, understanding how to...
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you...
Virgil consists of an open-source encryption library, which implements Cryptographic Message Syntax (CMS) and Elliptic Curve Integrated Encryption Scheme (ECIES) (including RSA schema), a Key Management API, and a cloud-based Key Management Service (Virgil Keys). The Virgil Keys Servic...
SYS-CON Events announced today that eCube Systems, the leading provider of modern development tools and best practices for Continuous Integration on OpenVMS, will exhibit at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)!

Advertise on this site! Contact advertising(at)! 201 802-3021

SYS-CON Featured Whitepapers