Home › HP wins USD 3 bln award in Oracle server case
 

Keywords :   


HP wins USD 3 bln award in Oracle server case

2016-07-01 08:56:00| Telecompaper Headlines

(Telecompaper) HP Enterprise has won USD 3 billion in damages in a suit against Oracle, the Wall Street Journal reports. A jury in Silicon Valley found that Oracle should pay HP Enterprise for violating a contract between the companies when it decided in 2011 to stop creating new versions of its database and other software for systems running Intel's Itanium chip. HP had argued that this violated terms of a settlement associated with its hiring of former HP CEO Mark Hurd, and that Oracle, which had expanded into servers by buying Sun Microsystems, had set out to hurt its new rival by the move. Oracle denied wrongdoing and vowed to appeal the jury decision.

Tags: case server award usd

Category:Telecommunications

Latest from this category

All news
»
17.05Reddit shares jump after OpenAI ChatGPT deal
17.05Is China's bubble tea bubble about to burst?
17.05Eastern North Pacific Tropical Weather Outlook
17.05Atlantic Tropical Weather Outlook
17.05Business locked in expensive AI 'arms race'
17.05Is the move to electric cars running out of power?
17.05Pornhub partners with UK child abuse fighting charity
17.05Pornhub partners with UK child abuse fighting charity
More »