Sunday, August 21, 2011

Logo Quiz of the Day : 801

Hint: Worth $10.2 billion.
Answer: Autonomy Corporation PLC
Autonomy Corporation PLC (LSE: AU.) is an enterprise software company with joint headquarters in Cambridge, United Kingdom, and San Francisco, USA. The company uses a combination of technologies born out of research at the University of Cambridge. It develops a variety of enterprise search and knowledge management applications using adaptive pattern recognition techniques centered on Bayesian inference in conjunction with traditional methods. In March 2009, it acquired the enterprise content management firm Interwoven, now Autonomy Interwoven and Autonomy iManage.
It is currently listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.On 18 August 2011, Hewlett Packard announced that it will purchase the company for $42.11 per share, around $10.2B. The transaction was unanimously approved by the boards of directors of both HP and Autonomy. The Autonomy board of directors also has unanimously recommended its shareholders accept the Offer.