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infosec-news: [ISN] HP Sues Mark Hurd Over Oracle Competition

[ISN] HP Sues Mark Hurd Over Oracle Competition

From: InfoSec News <alerts_at_nospam>
Date: Wed Sep 08 2010 - 07:57:47 GMT
To: isn@infosecnews.org

http://www.informationweek.com/news/storage/systems/showArticle.jhtml?articleID=227300300

By Thomas Claburn
InformationWeek
September 7, 2010

HP said on Tuesday that it had filed a civil lawsuit against former CEO
Mark Hurd in response to news on Monday that Hurd had been hired by
Oracle as President and had joined the database company's board of
directors.

"Mark Hurd agreed to and signed agreements designed to protect HP's
trade secrets and confidential information," HP said in a statement. "HP
intends to enforce those agreements."

Hurd was forced to resign in early August following an internal
investigation of sexual harassment claims brought by a former HP
contractor and revelations of expense accounting irregularities. Oracle
CEO Larry Ellison, a friend of Hurd's, called HP's decision to fire Hurd
"the worst personnel decision since the idiots on the Apple board fired
Steve Jobs many years ago."

Ellison declared his support for Hurd more directly on Monday in a
statement announcing Hurd's hiring as Oracle's President. "Mark did a
brilliant job at HP and I expect he'll do even better at Oracle," said
Ellison.

That's a view shared by some observers of the industry.

[...]

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