Linked by Thom Holwerda on Tue 7th Sep 2010 20:15 UTC
Legal "It took Hewlett-Packard less than a day to file a lawsuit against its former chief executive, Mark V. Hurd, over his decision to join its rival and partner Oracle as a co-president. H.P. filed its lawsuit on Tuesday in the Superior Court of California in Santa Clara, claiming that Mr. Hurd had breached his contract with the company. The lawsuit said that Mr. Hurd could use his intimate knowledge of H.P. and its trade secrets to aid Oracle and harm H.P. The two companies compete in the market for computer servers, storage systems and business software."
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wow
by poundsmack on Wed 8th Sep 2010 15:15 UTC
poundsmack
Member since:
2005-07-13

"Oracle has long viewed HP as an important partner," said Oracle CEO Larry Ellison. "By filing this vindictive lawsuit against Oracle and Mark Hurd, the HP board is acting with utter disregard for that partnership, our joint customers, and their own shareholders and employees. The HP Board is making it virtually impossible for Oracle and HP to continue to cooperate and work together in the IT marketplace."
-Larry

Larry is either a total genius or a total moron. Here is why i think he's a genius:
Oracle, now that it has acquired SUN has a hardware business as well as Solaris. Oracle now no longer needs HP for these reasons. Larry hiring on Mark is a way to get HP to go on the defensive and gives Larry an excuse to break away from HP with full media coverage (and if he plays his card right, he can make HP look like the bad guys).
So now Larry has an excuse to give a big press conference on the reasons Oracle no longer needs HP and why it stands by it's decision once negotiations break down. If Larry rides this wave all the way to the shore and plays it well it could be a big step in the right (as far as business is concerned) direction for Oracle.

by contrast, if he is just winging it and playing the emotional loud mouth card, then this will surely end badly on all fronts...

Reply Score: 2

RE: wow
by Tuishimi on Wed 8th Sep 2010 21:20 in reply to "wow"
Tuishimi Member since:
2005-07-06

The only problem is it seems a little soon for scenario A. On the other hand HP would have forced his hand.

Ugh. Politics and bureaucracy. The game is afoot.

Reply Parent Score: 2