Oracle Calls HP Out on ''Vindictive'' Lawsuit

Oracle only just hired Mark Hurd, but already, the new co-president's former employer is causing trouble for him. Yesterday, Hewlett Packard filed a civil suit against Hurd for allegedly breaching a contract he entered into with HP. HP believes Mark's working for a competitor puts the company's trade secrets in peril and says he signed a number of agreements during his time at HP agreeing to protect those secrets.

In a short and sweet statement, CEO of Oracle, Larry Ellison, branded the lawsuit vindictive and claimed it showed a complete disregard for the ongoing partnership between the two companies.

"Oracle has long viewed HP as an important partner," said 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."

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  • hellwig
    Larry Ellison just embodies the mega-rich ego-maniacal self-centered lunatic who you just know has his own private island manned by legions of loyal soldiers donned in matching, gaudy, perhaps brightly colored uniforms. He probably has his own salt-water tank filled with sharks with laser beams attached to their heads.

    Sorry, my point is, I have no doubt Oracle (Ellison) hired Hurd for his knowledge of HPs business practices. Why else would they bring in a senior executive embroiled in a sex scandal who stole money from his former employer? The man is poison, and Oracle only hopes it can resist long enough to get enough information from him before casting him aside. Hurd won't last at Oracle any longer than he did at HP, and if I were HP, I'd surely be fighting this. It's not as if HP let him go for invalid or non-existent reasons.
    18
  • mrecio
    HP: Oracle is our Competitor and we are losing trade secrets!

    Oracle: HP is our partner why would they do this? guess we cant be friends.

    would oracle, if they really were partners, hire HP's former CEO which such a bad history if they didn't think he could provide valuable information about the inner workings of HP or there current plans in the market.

    I think HP has a legitimate civil suit here and Oracle is just trying to look like the victim for the media.
    10
  • utengineer
    I am no VP, but when excepting my job I had to agree not to work for any of my competitors OR partners for 6 months upon leaving my company for whatever reason. This is typical corporate practice when NDA's are involved. Considering Hurd's experience he brings to the table, I am sure Oracle was prepared to pay whatever penalties are involved in his hiring. The strain in can put on their corporate alliance will be what it is......a money issue.
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  • Other Comments
  • hellwig
    Larry Ellison just embodies the mega-rich ego-maniacal self-centered lunatic who you just know has his own private island manned by legions of loyal soldiers donned in matching, gaudy, perhaps brightly colored uniforms. He probably has his own salt-water tank filled with sharks with laser beams attached to their heads.

    Sorry, my point is, I have no doubt Oracle (Ellison) hired Hurd for his knowledge of HPs business practices. Why else would they bring in a senior executive embroiled in a sex scandal who stole money from his former employer? The man is poison, and Oracle only hopes it can resist long enough to get enough information from him before casting him aside. Hurd won't last at Oracle any longer than he did at HP, and if I were HP, I'd surely be fighting this. It's not as if HP let him go for invalid or non-existent reasons.
    18
  • mrecio
    HP: Oracle is our Competitor and we are losing trade secrets!

    Oracle: HP is our partner why would they do this? guess we cant be friends.

    would oracle, if they really were partners, hire HP's former CEO which such a bad history if they didn't think he could provide valuable information about the inner workings of HP or there current plans in the market.

    I think HP has a legitimate civil suit here and Oracle is just trying to look like the victim for the media.
    10
  • jomofro39
    He does have a really good point. I had no idea that those two were in bed together. There is even a page on HP's website dedicated to their "alliance". But, I guess Oracle is a little shady, combined with the mess with the Justice Department's contracts being overpriced, to the point that a little fail-safe suit by HP is warranted, as crushing to the partnership as it is, it will definitely ensure that Hurd does not violate any NDAs, or at least that Oracle can't use the information he divulges. This one should be a long, arduous battle in the courts. Curious as to how it will turn out. I've never Hurd of such a mess.
    0