What was Leo Apotheker's role in the downfall of HP's market value?

Question

Quizplus · Accepted Answer

As discussed in Chapter Case 12, Leo Apotheker, who came to HP after being let go from the German enterprise software company SAP, proposed a new corporate strategy for HP. As part of his new corporate strategy, Mr. Apotheker acquired the British software company Autonomy for $11 billion, which analysts saw as grossly overvalued. Shortly thereafter, HP took an almost $9 billion write-down due to alleged "accounting inaccuracies" at Autonomy.

What Was Leo Apotheker's Role in the Downfall of HP's