Mike Lynch Acquitted of Fraud in $11B HP Deal

British tech tycoon Mike Lynch has been cleared of fraud charges in the US related to the $11bn sale of his software firm, Autonomy, to Hewlett-Packard in 2011. A San Francisco jury found him not guilty on all counts, a significant victory for Lynch, who faced over 20 years in prison if convicted. Lynch, who co-founded Autonomy in 1996, had denied inflating the company's value and distanced himself from other executives involved in fraudulent activities. The verdict ends a 13-year legal battle, with Lynch expressing relief and gratitude.