Oracle has hired private investigators to find out where in the world HP’s new CEO Leo Apotheker is hiding, Reuters reports.
The Mark Hurd saga has taken a not-unpleasant turn: the suit that his former employer, HP, levelled at his new employer, Oracle, has been resolved. Hurd has apparently agreed to waive half his separation compensation in the settlement.
Earlier we heard that HP is suing its former CEO, Mark Hurd, to protect trade secrets. Now we’re hearing the harsh response coming from Hurd’s new employer, Oracle:
Mark Hurd, the former HP CEO who was ousted last month amidst allegations of sexual harassment, just got a new job title: Co-President of Oracle. Shortly thereafter, he got slapped with a civil complaint from his former employer who says that his new position will necessarily require him to divulge HP trade secrets:
Following Reuters’ sources-led report on Oracle offering former HP top man Mark Hurd a job, the Wall Street Journal has confirmed it. Hurd will be co-president of the Oracle brand (reporting to his public supporter CEO Larry Ellison) and will sit on the board of directors. He’ll share co-presidency duties with Safra Catz, now that Charles Phillips has resigned. [WSJ]
After Oracle CEO Larry Ellison blasted HP for ousting disgraced CEO Mark Hurd, he reportedly did what comes naturally to men of his stature and disposition: He offered the man a job.
Oracle, the company that acquired Sun Microsystems, the Java programming language and related technology in a nice package deal, accused Google of patent and copyright infringement in relation to those technologies. Based on its response, Google isn’t happy:
Oracle may be known for making database software, but it also happens to have acquired the Java computer programming language and related technology when it purchased Sun Microsystems. Now the company is suing Google for using those technologies in Android.
Of all those offering their take on Mark Hurd’s bizarre, unexpected resignation as HP’s CEO, Lawrence Ellison, CEO of database software company Oracle, might be the loudest yet. He thinks HP’s board just made a very stupid decision.