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HP Files Civil Lawsuit Against Oracle

HP today issued the following statement:

  

HP believes that Oracle’s March 22 statement to discontinue all future software development on the Itanium platform violates legally binding commitments Oracle has made to HP and the more than 140,000 shared HP-Oracle customers. Further, we believe that this is an unlawful attempt to force customers from HP Itanium platforms to Oracle’s own platforms.


As a result, on June 15, HP filed a civil lawsuit in the Superior Court of the State of California, for the County of Santa Clara, seeking Oracle to reverse its decision. HP believes that Oracle is legally obligated to continue to offer its software product suite on the Itanium platform and we will take whatever legal actions are available to us necessary to protect our customers’ best interests and the significant investments they have made.

 

HP remains committed to a long-term mission-critical server roadmap, including Intel’s Itanium processor. Similarly, Intel has repeatedly reinforced its ongoing commitment to the Itanium roadmap.

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HP clarifies media reports on support for Windows-based tablets

(This entry was posted by Bill Wohl, HP senior vice president and Chief Communications Officer)

 

Today, HP clarified reporting in Fortune magazine, CNN, and InformationWeek related to HP’s support of the Windows operating system for use in tablets.

 

In a CNN/Fortune interview focused solely on the HP TouchPad and HP smartphones, CEO Leo Apotheker discussed the exclusive use of WebOS as the operating system on those devices.  Unfortunately, media sources incorrectly reported that to mean that HP would not use Windows on all tablets.  Since that time, all three media sources have corrected their stories.


Consistent with HP’s commitment to meet customer needs and offer choices, HP will continue to offer its Windows slate, the HP Slate 500.  The HP Slate 500 is valued by enterprise/commercial customers in healthcare, retail point-of-sale, hospitality and other industries where compatibility with Windows applications is important.

 

First announced on February 9, 2011, the HP TouchPad, a webOS tablet, will be available this summer.

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HP comment on Oracle support for Itanium Processors

In response to Oracle’s March 22 press release, “Oracle Stops All Software Development For Intel Itanium Processor,” HP today issued the following statement by David Donatelli, HP Executive Vice President and General Manager, HP Enterprise Servers

 

"We are shocked that Oracle would put enterprises and governments at risk while costing them hundreds of millions of dollars in lost productivity." 

 

UPDATE 11:55am PT

HP just issued a more in-depth press release on this issue today, "HP Supports Customers Despite Oracle's Anti-customer Actions".  In it, Donatelli expanded his statement to add, "Oracle continues to show a pattern of anti-customer behavior as they move to shore up their failing Sun server business.  HP believes in fair and honest competition. Competition is good for customers, innovation and the marketplace."

 

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include macroeconomic and geopolitical trends and events; the competitive pressures faced by HP’s businesses; the development and transition of new products and services (and the enhancement of existing products and services) to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected operational and financial results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2011 and HP’s other filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2010. HP assumes no obligation and does not intend to update these forward-looking statements.

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HP adds five accomplished business leaders to Board of Directors

HP continually looks to bring new insight and perspective to the company.  To that end, today we announced that the Board of Directors appointed five new members, effective January 21:


Shumeet Banerji, chief executive officer of Booz & Company


Gary Reiner, former chief information officer of General Electric Company


Patricia Russo, former chief executive officer of Alcatel-Lucent


Dominique Senequier, chief executive officer of AXA Private Equity


Meg Whitman, former president and chief executive officer of eBay Inc.


Describing the new members, non-excutive chairman of the HP board Ray Lane noted, “Each is a widely respected and deeply experienced business leader, and together they will provide our board and management team with new insight and perspectives relating to HP’s business and the rapidly changing technology industry.”


We also announced today that incumbent directors Joel Hyatt, John Joyce, Robert Ryan, and Lucille Salhany will not stand for re-election at HP’s Annual Meeting of Shareholders in March.  At that time, the size of the board is expected to be 13 members.


We thank our current directors for their outstanding service to HP and look forward to the opportunity to work with our new members.


If you’d like to read more about our new directors, head over to the HP Newsroom for more details and biographical information.

Labels: statement

HP responds to media speculation on company plans

This afternoon, HP was the subject of news stories that included speculation on HP’s future strategy.


In response, the company issued the following statement:


Speculation today about HP is being passed off as fact and is not accurate. HP is formulating a bold, solid plan for its future, a plan it will share with its employees, shareholders, customers and partners in due course, and certainly not in response to speculation.

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