Oracle Chief Executive Larry Ellison issued on Tuesday a strongly worded criticism of Hewlett Packard(HP) and its lawsuit against HP’s former Chief Executive Mark Hurd, suggesting that Oracle might discontinue its 25-year partnership with HP. “Oracle has long viewed HP as an important partner,” said Oracle CEO Larry Ellison in a statement. “The H-P board [...]
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Mark Hurd : His Oracle Move Made HP to Suit Against Former CEO
September 8, 2010 By Leave a Comment
Hewlett-Packard (HP) is suing its former CEO Mark Hurd, alleging breach of contract and threatened misappropriation of trade secrets, a day after he was named co-president of rival Oracle. Below, a look at some of the most salient points in the suit. In a civil lawsuit filed with the Superior Court of California for the [...]
Cellmania Acquired By RIM(Research In Motion)
August 25, 2010 By Leave a Comment
Cellmania Acquired By RIM(Research In Motion) : BlackBerry maker Research in Motion(RIM) has purchased mobile software company Cellmania, a move that could help the smartphone maker build a stronger app store to fend off competition from Apple iPhone and Google Android. Cellmania, based in Mountain View, Calif., makes software that allows owners of content to [...]
Allscripts to Buy Eclipsys for Creating a Better Health Software Company
June 9, 2010 By Leave a Comment
Allscripts said it is buying Eclipsys in an all-stock deal that will take out its British investors, Misys. The acquisition will value each share of Atlanta-based Eclipsys at 1.2 Allscripts shares — meaning a 19 percent premium on the basis of yesterday’s closing prices in Nasdaq composite trading. Misys Plc, the U.K. company that owns [...]
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