Forbes.com: The Hurd Drama — Is Oracle Looking to Buy Dell?
Forbes writer Quentin Hardy writes in his
September 7, 2010 column:
"Full disclosure: I don’t have inside information here, I just know some of the players and patterns. Oracle hired former HP head Mark Hurd less than a month after Hurd left HP, HP just sued Hurd for taking the job. You can read the court filing here. It amounts to: Hurd can’t order at the Oracle cafeteria without violating his HP noncompete contract.
But employment deals like this have a way of getting done, so let’s keep thinking about why Oracle wants Hurd (my colleague Victoria Barret raised some questions here.) Oracle wants sweep and scale, and more comprehensive relations with its big corporate customers.
Sooner or later, it wants Dell, among other big acquisitions.
Even with the announcement of Hurd’s job move, co-president Safra Catz praised Hurd’s capability in running a company with $100 billion in revenues. As Oracle’s are one-quarter that, it makes you think the always-robust Oracle acquisition machine is ready to run — that is the only way to grow dramatically, when you are at multibillion-dollar scale."
Read Hardy's entire blog post.
Related News:
Former HP CEO Hurd Joins Oracle
HP Shareholders Sue Hurd, HP Board
HP CEO Mark Hurd Resigns