Breaking up is hard to do.
Within a day of the news that former Hewlett-Packard CEO Mark Hurd is joining Oracle as co-president, HP says it’s going to sue the SOB.
Oracle, now home to Sun Microsystems hardware arsenal, is now a direct rival to erstwhile partner HP and the HP board is clearly angry that Hurd took tens of millions in HP severance money and moved up 101 to Oracle’s glass towers in Redwood Shores.
Charles Phillips, who just resigned as co-president of Oracle, helped that software giant acquire and integrate a whole lotta companies from PeopleSoft to Siebel to BEA to Sun Microsystems. He weathered an embarrassing scandal when his extramarital affair was outed –not just outed but OUTED on gigantic Times Square billboards.
A month after his ouster as Hewlett-Packard CEO, Mark Hurd has a new job–president of Oracle. Rather co-president of Oracle with Safra Catz.
Here’s one you had to see coming.
Our national nightmare is over. Dell has given up its bid for 3Par, declining to match or exceed Hewlett-Packard’s latest $33/share (that’s–gulp– $2.1 billion) cash bid.
Word on the street is that 3Par is ready to be embraced by Hewlett-Packard. As the epic HP-vs-Dell bidding war stands, Dell has till today to counter HP’s latest $30 per share bid for the cloud storage company.
Been running so fast since I attended the CompTIA Breakaway conference earlier this month that I haven’t had time to report on my conversation with the executive director of the organization’s Educational Foundation, Charles Eaton. He has only been in his role for a few months, but already Eaton is pushing hard on CompTIA members to do their part in helping at-risk youth, disable individuals, displaced workers and military personnel/families prepare for high-tech careers.
3Par said it has accepted Dell’s $1.8 billion dollar buyout offer.
This is getting tiresome.
HP just bid $27 per share counter offer for 3Par. This $1.8 billion offer counters Dell’s $24.50 counteroffer to HP’s earlier counteroffer to Dell’s original $18 offer to buy 3Par and its data storage expertise.
Little did we know early this month that 3Par was such a big deal.
There are so many questions about what Oracle is doing with its new Sun franchise, it’s hard to suss out the top few, but here’s a try.
1: What’s really going on with Sparc? While John Fowler promised continued innovation around the Sparc architecture, there is still precious little in the way of details. It’s probably because Oracle and Fujitsu, which is responsible for the production of Sparc64 chips used in Oracle’s M series servers, are still talking things out. Continued »