Autonomy in Hall of Fame
October 23, 2008
International Business Times ran a story here with the headline “Autonomy Enters the European Private Equity and Venture Capital Association’s Hall of Fame. The award, according to the story:
was created to highlight the success of technologies from European companies,” said Mike Lynch, CEO of Autonomy. “I am delighted that Autonomy has been recognized by this prestigious organization.Autonomy’s Meaning Based Computing has revolutionized the way people interact with information and computers, and we have continued to grow from strength to strength since inception.”
The IBT write up also noted that Autonomy grew from start up to a $1 billion company. You can check this number with the data available on Google here and on Yahoo here. Autonomy is on track to break $400 million per year in revenue. The $1 billion figure may refer to the firm’s market capitalization. A careless reader might misunderstand this figure.
Stephen Arnold, October 23, 2008
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