Former Secretary of State John Denham yesterday accused ministers of spending too much time “cosying up” to foreign firms like Google, at the expense of home-grown companies.
Instead, they should quiz Mr Lynch on “why it is so difficult to get the long-term finance they need… to become global leaders themselves,” rather than selling to overseas rivals, Mr Denham argued.
Autonomy floated in London years ago. Had a ready, willing and able source of finance.
But when fools come in and offer 59% over market price for something then it\’s churlish not to take HP\’s money. This is now $10 billion that is sitting in investment pots and ready to be recycled into the next round of bright looking start ups.
John Denham is a twat.