Another HP org changeMarch 21, 2012: 12:48 PM ET
HP shifts Vertica responsibilities.
Hewlett-Packard (HPQ) yesterday announced a major organization realignment, by merging its printer and personal computer units. But it quietly made another move as well: Shifting responsibilities for Vertica, a data management company acquired by HP last March for more than $350 million.
When HP completed its $10 billion acquisition of Autonomy last October, it put Vertica under the purview of Autonomy boss Mike Lynch (who became HP's head of information management). But a decision was made recently to move Vertica from the information management to software unit, which is headed up by Bill Veghte.
It is unclear if this is an isolated shift, or if Lynch's broader role within HP also will be changing. The company declined comment.
Also worth noting that former Vertica CEO Chris Lynch (no relation) left HP last week, one year after his company was acquired. Silicon Angle reports that he will focus on big data startups in the Boston area.
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