Is it just me, or has HP become a soap opera of epic proportions? I say that because Reuters is reporting that Oracle is trying to serve HP’s CEO de jour Leo Apotheker with a subpoena in regards to a software theft case that involves software giant SAP (who by the way used to employ Apotheker as their CEO) and could cost SAP as much as $4 billion if Oracle gets their way:
Executives with SAP, which has admitted to software theft by a subsidiary, TomorrowNow, but argues it owes Oracle only tens of millions of dollars, have said Apotheker was put in charge of the unit, but shut down the operation as soon as he discovered wrongdoing.
Oracle however has a problem: They’re having problems serving the subpoena. HP for one won’t take it and…:
The source, who spoke on condition of anonymity because the search was not yet made public, told Reuters that Apotheker’s lawyers at Gibson Dunn & Crutcher also refused to accept the subpoena. If he is overseas, Oracle will be unable to serve him and have to await his arrival in California, the source added.
So, the word on the street is that Oracle has hired a P.I. to find him. Bizarre. What’s up with HP? Can’t they do anything without it becoming a circus? Suddenly Mark Hurd doesn’t seem so bad.
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This entry was posted on November 8, 2010 at 10:16 pm and is filed under Commentary with tags HP, Lawsuit, Oracle. You can follow any responses to this entry through the RSS 2.0 feed.
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Where In The World Is HP’s CEO?
Is it just me, or has HP become a soap opera of epic proportions? I say that because Reuters is reporting that Oracle is trying to serve HP’s CEO de jour Leo Apotheker with a subpoena in regards to a software theft case that involves software giant SAP (who by the way used to employ Apotheker as their CEO) and could cost SAP as much as $4 billion if Oracle gets their way:
Executives with SAP, which has admitted to software theft by a subsidiary, TomorrowNow, but argues it owes Oracle only tens of millions of dollars, have said Apotheker was put in charge of the unit, but shut down the operation as soon as he discovered wrongdoing.
Oracle however has a problem: They’re having problems serving the subpoena. HP for one won’t take it and…:
The source, who spoke on condition of anonymity because the search was not yet made public, told Reuters that Apotheker’s lawyers at Gibson Dunn & Crutcher also refused to accept the subpoena. If he is overseas, Oracle will be unable to serve him and have to await his arrival in California, the source added.
So, the word on the street is that Oracle has hired a P.I. to find him. Bizarre. What’s up with HP? Can’t they do anything without it becoming a circus? Suddenly Mark Hurd doesn’t seem so bad.
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This entry was posted on November 8, 2010 at 10:16 pm and is filed under Commentary with tags HP, Lawsuit, Oracle. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.