British tech magnate Mike Lynch has been cleared of charges alleging he orchestrated a fraud and conspiracy leading up to an $11 billion deal that turned into a costly albatross for Silicon Valley pioneer Hewlett Packard.

Federal prosecutors have painted one-time British tech star Mike Lynch as the ruthless mastermind of an $11 billion deal that defrauded Silicon Valley pioneer Hewlett Packard.

SAN ANTONIO – Hewlett Packard Enterprise Co. will move its global headquarters from the prosperous Silicon Valley to Houston, the fourth-largest U.S. city that poses as “an attractive market,” company officials said. Its existing campus in San Jose, California, will transition to the new headquarters for HPE’s Aruba Intelligent Edge business. Already a mega employment hub for HPE, Houston is home to more than 2,600 company employees, Abbott said. “We are excited that Hewlett Packard Enterprise has chosen to call Texas home, and I thank them for expanding their investment in the Lone Star State by relocating their headquarters to the Houston region,” Abbott in a news release. @HouMayor Welcomes Hewlett Packard Enterprise (@HPE) HQ Relocation to Houston Region.