HP wants more time to chew over Autonomy saga

Vendor needs six more weeks to decide on which course of legal action to take

HP has said it needs six more weeks to make up its mind on what legal action to take next in the ongoing Autonomy saga.

Back in November 2012, HP accused Autonomy of misleading it about its finances which it alleges eventually led to it paying too much for the British software firm the year before.

It claimed there were "serious accounting improprieties" relating to its finances to the tune of around $5bn and reported the firm to the Serious Fraud Office and the US Securities Exchange Commission.

Since then the duo have been locked in a war of words and legal action. US authorities had given HP until last Friday to vote on a committee of independent directors' recommendations on future action, but the vendor has since asked for another six weeks to mull over their ideas.

Reuters reports that in a court filing submitted on Friday it said it had "made decisions with respect to the actions that it deems to be in the best interests of the company and its shareholders," but needed more time.

It has agreed to put the legal proceedings on the back burner until the end of February.