Wednesday, September 8, 2010

Oracle Responds To HP Lawsuit

Redwood Shores-based Oracle has responded to HP's lawsuit against Mark Hurd, after Oracle hired Hurd as President of the firm, saying that the lawsuit against Oracle and Hurd was "vindictive." Oracle--essentially declaring war on HP--said that HP's board "is making it virtually impossible" for the firms to "continue to cooperate and work together in the IT marketplace." The latest chapter in the drama comes after HP's board dismissed CEO Mark Hurd for a scandal involving a consultant at the firm, and after Oracle scooped up Hurd yesterday morning.