According to a Bloomberg report, HP is set to buy European infrastructure software company Autonomy for as much as $10 billion. That price would make the acquisition one of HP’s largest deals to date.

Autonomy’s enterprise software powers pan-enterprise search, customer interaction solutions, information governance, end-to-end eDiscovery, records management, archiving, business process management, web content management, web optimization, rich media management and video and audio analysis. The company’s software allows enterprises to provide insight and structure to electronic data, including unstructured information, such as text, email, web pages, voice, or video.

Autonomy, which trades on the London Stock Exchange, just bought assets from Iron Mountain for $380 million.

Microsoft and Oracle were also reportedly bidding on Autonomy last year. The company was also rumored to be evaluating a U.S. listing.

HP has made a number of enterprise acquisitions over the past year, spending $2.35 billion on 3PAR last year, and buying ArcSight for $1.5 billion.

Bloomberg also reported that HP will announce the spinoff of its personal-computer business.

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