HP likely to buy Autonomy

Just saw the news. Here’s the link –http://www.themalaysianinsider.com/business/article/hp-may-drop-pcs-to-buy-autonomy-for-us11.7b/

HP could buy British software maker Autonomy. Just months ago, Autonomy just acquired Iron Mountain Digital’s asset with solutions such as Connected Backup, and the previous Mimosa Nearpoint.

Again, there is no value in the PC business anymore and it is only logical that HP is focusing on high value and high margin IT solutions. More news could follow.