Feeds

HP drops fight to block Hurd's Oracle hire

We were wrong, Larry can tell you what to do

The Essential Guide to IT Transformation

OpenWorld Mark Hurd can officially work for Larry Ellison, now that HP has called off its lawyers.

HP revealed Monday that it settled its legal action against Hurd on September 10, three days after filing suit in a Californian court to stop Hurd from spilling trade secrets to Ellison.

Terms of the settlement are confidential, but HP said: "Hurd will adhere to his obligations to protect HP's confidential information while fulfilling his responsibilities at Oracle."

The PC and server maker's disgraced former CEO has agreed to waive his rights to 330,177 in performance-related shares and 15,853 time-restricted shares granted to him on December 11, 2009. If the rest of Hurd's exit package is untouched he still gets a $40m in separation.

In a brief statement, HP said it looked forward to continuing its collaboration with Oracle.

Oracle's chief executive Ellison, meanwhile, added: "Oracle and HP will continue to build and expand a partnership that has already lasted for over 25 years."

The statement was noteworthy in that it focused on the very thing Ellison said HP was jeopardized by prosecuting his tennis buddy Hurd: the relationship with Oracle.

On Sunday night at Oracle's OpenWorld conference in San Francisco, executives from HP and Oracle were busily stitching up the tears in the public fabric of their relationship caused by Ellison's earlier statements and his contentious hire of Hurd.

That speedy closure explains why Hurd was able to appear on stage at OpenWorld on Monday, and why HP hadn't tried to stop his appearance as an Oracle employee through a preliminary injunction.

It doesn't, though, explain what on earth Mr Execution actually added to the event. Billed as a keynote speaker on the OOW web site, Hurd delivered the standard words on how brilliant Oracle is by being number one in every single technology market, vertical, and server benchmark.

Given Oracle's vast M&A spree over the years, this is as meaningless a set of statements as the ruling party in a dictatorship claiming 98 per cent turnout in a general election and 99 per cent of the vote.

Party line delivered, the former HP and NCR man tried and failed at some early-morning crowd motivation, followed by some speedy self-deprecation, and then a quick rehash of Larry's product announcements from the night before. Finally, he handed over to the extremely competent executive vice president John Fowler who handled Sparc, Solaris, and server news.

Hurd did do one thing right, though: Ellison might be worth billions, be a winner of the America's Cup, captain a company of 100,000, and be capable of navigating a multi-billion-dollar acquisition for breakfast, but he can't use a PowerPoint clicker. Instead Ellison shouts "next slide" at some off-stage drone to change each slide for him.

Speaking Monday, Hurd was also barking "next slide" at some innocent based somewhere in the OpenWorld hall's darkness, who dutifully pressed a button to turn the page on his Oracle presentation deck. ®

The Essential Guide to IT Transformation

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.