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CNBC

Autonomy Software Triples Profit

Autonomy Software Triples Profit

Autonomy Software Triples Profit

Software company Autonomy tripled its profit in the third quarter. CEO Mike Lynch said there is a strong demand for their information retrieval programs due to the "explosion" in litigation and the various parties trying to sort it out. He expects profits to continue to rise throughout 2009, as many companies will be forced to go through regulatory changes.

CNBC | October 15, 2008Watch more videos from CNBC

Tags:. .many. .trying. .said. .information. .changes

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