Outstanding Achievement Is "Head and Shoulders Above the Rest"
Cambridge, England and SAN FRANCISCO – November 22, 2011 – Autonomy Corporation, an HP Company, today announced that it has won the techMARK Achievement of the Year award in acknowledgement of outstanding financial performance. The award is given to a person or company who has produced exceptional results through any number of means, whether a joint venture, new market or successful product launch. Autonomy won in recognition of the high premium and valuation received when it was acquired by Hewlett Packard in August 2011.
"This award not only acknowledges that Autonomy achieved a very high valuation when HP acquired it, but it also highlights the importance of what we do," said Dr Mike Lynch, CEO of Autonomy. "We are at the beginning of an exciting change in the IT industry, where information will no longer have to be made to fit the computer. HP understood that when it made its offer and, with Autonomy's technology, is now at the forefront of that change."
"The voting panel was clear that this achievement was head and shoulders above the rest," commented Louise Minchin, BBC personality and Awards presenter, on behalf of the voting panel. "As a result, Autonomy was the only real contender to win the techMARK Achievement of the Year 2011."
Autonomy Corporation, an HP Company, is a global leader in software that processes human information, or unstructured data, including social media, email, video, audio, text and web pages, etc. Autonomy's technology manages and extracts meaning in real time from all forms of information, both unstructured and structured, enabling companies to leverage their data assets. Autonomy's product portfolio helps power companies through enterprise search analytics, business process management and OEM operations. Autonomy also offers information governance solutions in areas such as eDiscovery, content management and compliance, as well as marketing solutions that help companies grow revenue, such as web content management, online marketing optimization and rich media management.
Autonomy's solutions are used by more than 25,000 customers including 87 of the Fortune 100, 10 of the top 10 financial services firms, 75% of the global 100 law firms, 9 of the top 10 pharmaceutical companies and many government agencies. Over 400 of the world's leading technology companies embed Autonomy's technology in their products. Autonomy also owns the largest private cloud of diverse data, with 31 Petabytes of information.
Please visit www.autonomy.com to find out more.
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About the techMARK Awards
Since the launch of the techMARK in 1999 by the London Stock Exchange, The techMARK Awards, sponsored by PwC, has brought together the largest annual gathering of quoted technology companies in the UK. It celebrates the best in the sector and highlights the achievements of individuals and companies, and recognises the importance of access to the capital markets to fund growth and innovation. For the first time last year, an Emerging Star of the Year Award was established for private technology companies who had previously been unrecognised.
The Awards attract CEO's and FD's of the fastest growing technology companies plus investment bankers, fund managers, analysts and corporate advisors.
The event holds an annual charity collection and to date almost £100,000 has been raised for a number of child and youth focused charities. This year the dinner is supporting The Princes Trust and the Brentwood Children's Catholic Society which provides counselling for children and young adults across the whole of Essex up to the age of eighteen, regardless of their beliefs.
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