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In an e-mail, Oracle CEO Larry Ellison told the Wall Street Journal that he was “speechless” that HP hired ousted SAP CEO Léo Apotheker to replace Mark Hurd, the ex-HP CEO he hired. “HP had several good internal candidates,” he told the paper, “but instead they pick a guy who was rec...
Apparently none of HP's four internal candidates made the final cut for fear of losing the rest. They included enterprise chief, Ann Livermore, now passed over three times; sales, marketing and strategy chief Tom Hogan; PC chief Todd Bradley, the former CEO of Palm; and server, storage...
HP's board had five other finalists that "could have done" the CEO's job besides Léo Apotheker, according to what HP's lead outside director Robert Ryan said in answer to a question during a conference call with Wall Street Friday morning, but it unanimously picked SAP's castoff CEO as...
In a exercise in futility, HP first tried to get both the immovable head of IBM software and now systems Steve Mills as well as its $95 billion global sales chief Ginni Rometty for its CEO, according to Reuters. HP’s search for a replacement for ousted CEO-gone-to-Oracle Mark Hurd is...
Gamesmanship hit a new level late Thursday when HP announced that it had hired former SAP CEO Léo Apotheker as its new CEO and tapped former Oracle president and COO Ray Lane as its non-executive chairman, splitting jobs that its former CEO had.
Stop me if this sounds familiar. HP’s troops were out in force this week talking up the company’s mobile strategy. The company will major on the webOS 2.0 it got in July when it closed its $1.2 billion acquisition of Palm. It’s dumped whatever Android tablets it had on the drawing ...
Sounding as obsessive-compulsive as Lady Macbeth, HP said Monday that it had finally ripped all the Cisco-supplied WAN routers and switches out of its six data centers and replaced them with its own networking widgetry. HP swore to go Cisco-free in April when its acquisition of netw...
Pretending it’s not a prey animal, Oracle’s fair weather friend HP this week announced turnkey private cloud solutions for Oracle applications that should shorten and simplify the deployment process. HP wants to be an easy-to-buy-from one-stop shop. The infrastructure widgetry on off...
HP, Intel, and Yahoo! on Monday announced that four new organizations will join Open Cirrus, a global, multiple data center, open source test bed for the advancement of cloud computing research. China Mobile Research Institute (CMRI), the Supercomputing Center of Galicia (CESGA), Chi...
HP has settled its suit against its ousted CEO Mark Hurd filed two weeks ago to prevent him from working at Oracle on the theory that he couldn’t help but use its secrets in his new job as president of Oracle. The suit was based on a reasonable assumption but courts in California,...
Oracle’s new co-president Mark Hurd, the ousted CEO of HP, will speak early in the morning on the second day of Oracle OpenWorld later this month, replacing his predecessor Chuck Phillips. It will be his first public appearance since his forced resignation from HP. Oracle’s online ...
It’s not everyday that the buttoned-down CEO of the buttoned-down IBM takes a highly public shot at a rival – however calculated – but Tuesday was a day to watch a master practitioner. In an hour-long interview at a Wall Street Journal breakfast conference Sam Palmisano told all there...
Among HP’s other distractions, the Justice Department and the SEC have joined German authorities in investigating those alleged bribes HP is supposed to have paid back under Carly’s administration to get a measly $44.5 million networking contract from the office of the prosecutor gener...
IBM and HP are competing for the hand of Israeli-based smart networking developer Radware whose acquisition will go down for close to a billion dollars according to Globes, the Israeli business paper whose inevitably unnamed and chatty sources are usually on the money. Both IBM a...
The IT industry is on the cusp of a new cloud computing era. The '90s were focused on e-business, the late 2000s on IT as a Service, and we are now entering the era of "everything as a service." IT has become business service centric, a service broker for the enterprise, resulting in a...
HP confirmed Monday morning that it means to buy ArcSight, the 10-year-old anti-hacking house, for $43.50 a share or around $1.5 billion all told, a 24% premium for a company that it reputedly wanted to buy for $800 million a couple of years ago before it went public. Since the uncon...
Fresh from its acquisition of 3PAR for $2.35 billion, HP Sunday afternoon was reported close to buying ArcSight for around $1.5 billion by the Wall Street Journal. That would be something like a $300 million premium on ArcSight’s market cap lately.
Ousted HP CEO Mark Hurd is going to get $950,000 in salary to start for joining Oracle as co-president, with a target fiscal 2011 bonus of $5 million but no more than $10 million, stock options on 10 million shares of Oracle stock and options on another five million shares in each of t...
Captured at a technology conference Wednesday, HP’s interim CEO Cathie Lesjak told the Dow Jones that the company has gotten more applicants wanting to fill Mark Hurd’s shoes than it expected and that it’s “very pleased with the selection.” She also denied overpaying for 3PAR and, in f...
Labor and IP lawyers have started handicapping the chances of HP’s suit keeping former HP CEO Mark Hurd from working at Oracle. Apparently they’re pretty dim because California, a right-to-work jurisdiction, doesn’t buy the doctrine of inevitable disclosure that it’s based on. Canon ...
Who's kidding whom? Oracle co-president Chuck Phillips was fired. Not only is that utterly obvious through the thin veneer of the "resignation" twaddle Oracle handed out but a source proverbially close to the situation says he was asked for his resignation on Saturday. Reportedly Ph...
What do you suppose the chances are HP gets kicked out of the looming Oracle OpenWorld? After HP sued its ex-CEO Mark Hurd Tuesday seeking to stop him from working at Oracle – while Hurd was reportedly walking around Oracle shaking hands and enjoying the first flush of welcome – Orac...
"By filing this vindictive lawsuit against Oracle and Mark Hurd, the HP board is acting with utter disregard for [the Oracle-HP] partnership," thundered Larry Ellison Tuesday in a statement. “Oracle has long viewed HP as an important partner,” the Oracle CEO noted, adding “The HP Board...
HP’s stock took a nasty turn for the worse when the board ran CEO Mark Hurd off the place – and lost more ground during the seemingly irrational 3PAR chase – so the board threw shareholders a bone the other day and authorized the company to buy back an additional $10 billion worth of s...
HP Tuesday sued its ousted CEO Mark Hurd to block him from going to work for Oracle as co-president, a job just announced Monday night. HP has taken its civil case to California’s Superior Court in Santa Clara alleging misappropriation of trade secrets. It claims Hurd can’t possibly ...
News agencies around the world are reporting that HP is taking its former CEO Mark Hurd to court, just 24 hours after Oracle announced Monday that he'd been appointed Co-President of Oracle.
In a breathtakingly unprecedented move never before seen in the Valley, Oracle very late Monday - and on a national holiday in the US - swapped the ex-Morgan Stanley guy who was supposed to be responsible for its blazing trail of acquisitions for ex-HP CEO Mark Hurd, a month to the day...
HP’s got a private cloud-in-a-box scheme that it trotted out Monday ahead of VMworld called HP CloudStart that’s supposed to provide the cloud-smitten enterprise that’s hanging back everything it needs to get cloud-borne in a mere 30 days complements of HP’s Cloud Consulting Services, ...
The report in the Wall Street Journal of the possibility that Oracle is about to hire ex-HP CEO Mark Hurd are being circulated Sunday the length and breadth of the World Wide Web.
Dell pulled out of the race to acquire 3PAR Thursday morning after HP upped its $30-a-share bid of last Friday to $33 a share, pushing 3PAR's valuation past $2 billion to roughly $2.1 billion. 3PAR sent out a statement Thursday morning saying that Dell went to $32 before the three-day...
HP has upped its $30-a-share bid for 3PAR last Friday to $33 a share, pushing 3PAR’s valuation past $2 billion to about $2.1 billion. 3PAR sent out a statement Thursday morning saying that Dell went to $32 before the three-day clock ran out on it Wednesday at midnight, and HP counter...
Within hours of 3PAR maybe finding out who its daddy's gonna be, it got sued by a little Austin, Texas outfit with a litigation trail behind it by the name of Crossroads Systems. The publicly traded Texas company accused 3PAR along with six other storage houses of infringing on its ...
Hurd won’t be replaced immediately. It was his only other board seat besides HP, one he accepted in February 2008. Speculation over what exactly happened in HP’s executive suite has turned recently to Hurd’s unpopularity with the HP workforce and his alleged starvation of the com...
To help customers better control and manage the physical and virtual aspects of cloud infrastructure, VMware and HP are creating an integrated, comprehensive cloud infrastructure solution combining the new VMware vCloud Director with the HP BladeSystem Matrix and HP Cloud Maps. The ...
Built on an HP Converged Infrastructure, HP CloudStart simplifies and speeds private cloud deployments. Consisting of hardware, software and services, HP CloudStart empowers businesses to deliver pay-per-use services reliably and securely from a common portal, and it offers the ability...
Late Friday night when sensible people on the East Coast were either in bed or in their cups, 3PAR's board sent out a message saying it had decided that HP's offer Friday of $30 a share was "superior" to the $27 bid 3PAR had accepted from Dell early Friday morning. It said that it h...
Worldwide server revenues surged 11% to $10.9 billion in Q2, according to IDC, which calls it the second consecutive quarter of year-over-year revenue growth, the fastest quarterly revenue growth since 2003 and the fourth consecutive quarter of improving server market demand. Trouble...
3PAR® (NYSE: PAR), the leading global provider of utility storage, today announced its board of directors has determined that the unsolicited proposal by Hewlett-Packard Company to acquire all of 3PAR's outstanding common stock at $30 per share constitutes a "superior proposal" (as tha...
After getting bounced out of HP for God knows what former CEO Mark Hurd filed to sell $30 million worth of what he doubtless considers its ungrateful stock, ratcheted up by his cunning. Bloomberg picked up on his notice to the SEC that he intended to sell as many as 775,000 common shar...
The bidding for 3PAR now stands at $30 a share. That's like two billion bucks, pushing passed what appeared to be hysterical speculation about how far into the clouds the offers could go just days ago. Dell this morning rolled out of bed and matched HP's price late yesterday of $27 ...