Oracle co-president Mark Hurd, in response to a question, indicates zero interest in becoming Dell CEO. Blackstone Group reportedly had Hurd on its short list of prospective picks should it win the Dell deal. Read more »
Blackstone reportedly reached out to Oracle co-prez Mark Hurd to gauge his interest in being Dell CEO should Blackstone’s buyout bid succeed. Here are a few much more interesting options. Read more »
It looks like the Blackstone Group and Carl Icahn will be in the mix to take control of Dell — coming up with offers to rival the bid from Michael Dell and Silver Lake Partners. Read more »
Despite the hype around its high-end engineered “Exa” systems, Oracle hardware revenue continued to swoon in the second quarter when it was off 23 percent year over year. But, CEO Larry Ellison said that the company has just about turned the corner. Read more »
Hewlett-Packard’s turnaround will take longer than observers had hoped. CEO Meg Whitman said the company should see traction by 2014 and that FY 2013 will be tough due to internal issues and macroeconomic “headwinds.” Read more »
Oracle’s new clouds are a vehicle for selling more Oracle hardware and software into big accounts. It’s unclear how many of these big accounts — banks, manufacturers, insurance companies — really want to go all-in with Oracle in the cloud, however. Read more »
Oracle’s still fighting to recover, recoup and profit from its $7.4 billion buyout of Sun Microsystems three years ago. In its first quarter, Oracle’s overall hardware business was off 24 percent year over year despite “triple-digit growth” in engineered systems like Exadata. Read more »
The massive charge is related to HP’s enterprise services arm constructed around its $14 bilion purchase of Electronic Data Systems (EDS) in 2008. The company will announce its third quarter earnings on August 22. Read more »
Here’s a sour reminder of a bleak chapter of Hewlett-Packard’s past. Two private investigators — a father-and-son team — face sentencing Thursday for their role in the HP pretexting scandal in which they assumed other identities to get phone records of reporters and board members. Read more »
Next week, legacy tech powers Hewlett-Packard, Oracle and Microsoft will vie for the spotlight as they set forth their cloud computing game plans at closely scheduled events. All three have prodigious resources and all three lag far behind cloud giant Amazon Web Services. Read more »
Hewlett-Packard continues to be rocked by a flood-induced hard drive shortage; its go-to printing business is sputtering; the company as a whole continues to spend too much on too many products; and it needs to get its design-and-execution mojo back. Read more »
Oracle and HP used to coexist quite well — People forget that the first Oracle Exadata ran on HP hardware. Then Oracle bought Sun and things went downhill fast. Public spats played out in CEO letters to The New York Times, and now court documents. Read more »
HP won a tactical battle last night when a judge tossed out an Oracle fraud claim. But it also lost one — when he unsealed previously redacted documents that show just how desperate HP was to keep Oracle working on software for HP’s Itanium servers. Read more »
Oracle is finally learning that the hardware business is not the software business. Revenue for the company’s Sun Microsystems-rooted servers fell 14 percent in the second quarter compared to the year-ago period. And gross margin on those hardware sales is returning to earth. Read more »
Will Hewlett-Packard persevere on the enterprise software and cloud computing track set by dearly departed CEO Leo Apotheker? The answer is yes–well–maybe, according to Executive Director Ray Lane and newly minted CEO Meg Whitman, who spoke on the analyst call announcing management changes. Read more »
The anonymous sources were right: Meg Whitman is now president and CEO of Hewlett-Packard, replacing fellow HP board member Leo Apotheker. And, Ray Lane moves from non-executive to executive board chair. But no one expects the furor to die down anytime soon. Read more »
If Hewlett-Packard really ousts CEO Leo Apotheker barely a year into his tenure, no one can say the move—however drastic—was unexpected. Apotheker presided over a disastrous period for the venerable computing giant, but many say the HP board should follow him out the door. Read more »
Eager to get over the embarrassing departure of former chairman and CEO Mark Hurd, who joined Oracle and was subsequently sued by his former employer, Hewlett-Packard has named a new CEO — but the response to its choice has been underwhelming at best. Read more »
Hewlett-Packard has resolved its lawsuit against its former CEO Mark Hurd, which arose after Hurd joined HP’s sometimes collaborator and sometimes rival Oracle. According to a joint statement today from both companies, HP and Hurd have settled. Read more »
When it comes to ousted HP CEO Mark Hurd joining Oracle and HP’s subsequent lawsuit, Om speculates that this is a Machiavellian plot cooked up by Hurd and Larry Ellison to distract HP from business as usual, and settles in to watch the show. Read more »
Hewlett-Packard is suing its former chairman and CEO, Mark Hurd, alleging breach of contract and potential misappropriation of trade secrets. Hurd left the company last month, after allegations that he was involved in a number of improprieties related to a human resources consultant the company hired. Read more »
Hewlett-Packard said today that Chairman, CEO and President Mark Hurd has resigned his positions following an inquiry over a sexual harassment claim. HP’s press release led with the scandal, but also noted that the computing company has raised is revenue expectations for the year. Read more »
Updated: With the Microsoft-Yahoo battle fading from the dynamic random memories of our over stimulated brains, it is time to turn our attention to Hewlett-Packard’s $12 billion $13.9 billion deal to acquire EDS, a services giant in its own right. The news was announced this morning. […] Read more »
