Four Hewlett-Packard board members who reportedly played a central role in the company's decision about whether to replace CEO Mark Hurd are themselves being replaced, HP announced Thursday after U.S. financial markets closed.
Hewlett-Packard plans to commission an external probe into the resignation of former CEO Mark Hurd, including his controversial multi-million dollar severance package.
Hewlett-Packard and Microsoft's unveiling Wednesday of a series of data warehousing appliances has some observers sounding the death knell for HP's Neoview platform.
Some people speculated that Mark Hurd joined Oracle to get back at his former employer, Hewlett-Packard, but on Thursday he described other reasons for taking the job.
Oracle co-President Mark Hurd ripped the curtain off Exadata Database Machine X2-8, the newest incarnation of the company's high-performance data processing systems, during a keynote address at the OpenWorld conference on Monday.
Oracle co-President Mark Hurd ripped the curtain off Exadata Database Machine X2-8, the newest incarnation of the company's high-performance data processing systems, during a keynote address at the OpenWorld conference on Monday.
Former Hewlett-Packard CEO Mark Hurd made his first public comments on Thursday since taking a job as Oracle co-president, saying the company is poised for major expansion.
The ascendancy of former Hewlett-Packard CEO Mark Hurd to a co-president slot at Oracle could give the vendor's strategy of selling integrated systems a boost, according to some industry observers.
Oracle's stock price has climbed about 5.5 per cent so far Tuesday on news that ousted HP CEO Mark Hurd is joining the company.
Computer industry bellwether Hewlett-Packard reported a three per cent drop in revenue as its major lines of business continued to be hammered by the global recession.