Mike Lynch to leave HP amid 27,000 job cuts May 23, 2012 HEWLETT-Packard yesterday unveiled a restructure which will see Autonomy founder Mike Lynch leave the company and 27,000 employees lose their jobs. British entrepreneur Mike Lynch, dubbed the British Bill Gates, is a founder of tech company Autonomy, which was bought by HP in August for £6.2bn. At the time it was the UK’s most valuable [...]
CITY MOVES WHO’S SWITCHING JOBS May 20, 2012 CBRE The global real estate adviser has announced that Dr Neil Blake has been appointed head of Europe, Middle East, Africa and UK research. Blake joins from Oxford Economics, the economic forecasting consultancy, where he was director of economic analysis. He is a founder director of Business Strategies, which became part of Experian in 2002. [...]
WHO’S SWITCHING JOBS April 26, 2012 Avoca Capital The European credit investment manager has appointed Stephen Holland as director of sales and marketing. Holland will spearhead Avoca’s growth in North America. Most recently he was business development manager for Abbey Capital, a Dublin-based hedge fund. He has also served as head of sales for Bank of Ireland Asset Management. BlackRock The [...]
BarCap’s mandate on $5bn float shows its growing clout February 2, 2012 BARCLAYS Capital’s claims to be one of the major players in the world of equity capital markets will only have been enhanced by its inclusion as one of the book-runners in Facebook’s $5bn flotation. It is the only UK-based bank on the list and that alone can act to reinforce the view that it picked [...]
CITY MOVES | WHO’S SWITCHING JOBS January 23, 2012 Avoca Capital Avoca Capital, the European credit investment manager with €6bn assets under management, has strengthened its sales and marketing capabilities by appointing Rachel Black as head of capital raising for the credit hedge fund team, based in the London office. Black joins from Concerto Asset Management, where she was head of marketing and business [...]
X FACTOR JUDGE IS THE LAST MAN AT THE BAR AT IRELAND FUND BALL December 4, 2011 CITIGROUP managing director Basil Geoghegan proved his stamina when he became the eighteenth Irishman to successfully scale Mount Everest earlier this year. But even he is no match for X Factor judge Louis Walsh, who was the last man standing at the Ireland Fund of Great Britain’s tenth winter ball at The Savoy on Saturday [...]
ARM boss Warren East plans to take over the world – one chip at a time October 25, 2011 Afew years ago a friend of mine tipped a little-known chip designer called ARM Holdings. He said it was going to be the next big thing. A year later, after its shares had shot up, he cursed his luck for not taking his own advice. But he prudently decided not to invest while it was [...]
Why Steve Jobs owes thanks to Ada Lovelace October 9, 2011 The technology world continues to mourn the passing of its iconic leader. Sadness over Steve Jobs’ death has seeped into the mainstream, like a virus, with ordinary people, who don’t know their C from their C++ and probably never played Dungeons & Dragons, leaving £400 iPads outside Apple Stores as a mark of respect. If [...]
Autonomy gives HP green light October 3, 2011 HEWLETT-PACKARD last night completed its $12bn (£7.77bn) buy of British software firm Autonomy, the centrepiece of a botched strategy shift that cost ex-chief executive Leo Apotheker his job last month. HP said its £25.50-per-share cash offer had been accepted by investors representing 87.34 per cent of the company’s shares, well ahead of the 75 per [...]
Autonomy boss in spat with US rival September 29, 2011 MIKE Lynch, chief executive of soon-to-be-sold Autonomy, has been drawn into a bitter war of words with rival technology boss Larry Ellison. The Oracle chief accused Lynch of having a “very poor memory or lying” about a personal visit he allegedly made to Oracle’s headquarters to try to pitch Autonomy as a takeover target. Lynch [...]