Deals
Autonomy Founder Mike Lynch Said to Plan Technology Fund
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Mike Lynch, the founder of U.K. data-analysis company Autonomy Corp., is planning to set up a technology investment fund that will back young firms, according to people with knowledge of his plans.
Lynch, who left Hewlett-Packard Co. this year after the U.S. company agreed to acquire Autonomy for $10.3 billion last August, will tap the expertise of other former Autonomy executives for the fund, the people said, asking not to be identified as the plans are private. The fund will be based in London and invest globally, with the aim of using the experience of Lynch and other executives to assist the companies in its portfolio, they said.