Deals
Autonomy Starts Acquisitions Talks, May List in U.S.
This article is for subscribers only.
Autonomy Corp Plc, the U.K.’s second-largest software company, is starting conversations about potential acquisitions after raising 500 million pounds ($769 million) by selling convertible bonds.
Autonomy, which typically targets U.S.-based companies for purchases, needed to raise the money because it can’t offer U.S. stock as part of an acquisition, Chief Executive Officer Mike Lynch said today in a telephone interview.