Autonomy Corporation
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Autonomy Corporation plc (LSE: AU.) is an enterprise software company based in Cambridge, United Kingdom and San Francisco, USA. It develops a variety of knowledge management applications using adaptive pattern recognition techniques centered on mathematical Bayesian analysis.
Autonomy is known for its application of Bayesian inference to enable computers to make sense of text audio and video in applications referred to as Meaning based computing.
Autonomy's software is used by various large global corporations and public sector agencies and is found inside many products from other software companies including Oracle,Symantec,Vignette,McAfee,HP,EDS,EMC [1]
Autonomy was founded in Cambridge, England in 1996 by Dr Michael Lynch as a spinoff from Cambridge Neurodynamics. Autonomy is currently listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Autonomy had revenues for 2006 of $250M up 161% on 2005. It had a market capitalization of $2.5bn at 31-1-07. In June 2001, Sushovan Hussain was made CFO, and still works in Autonomy.
In 2002, Autonomy acquired Softsound, a company developing speech recognition software. In 2003, they acquired Virage, a software developer of video search software, and in June 2005, acquired etalk and German consulting company global linxs GmbH. In December 2005 Autonomy acquired Verity, one of its main competitors, for around $500m.citation
