Hewlett-Packard (HPQ) has named former SAP chief Leo Apotheker as president and chief executive, succeeding Mark Hurd. The company also named Ray Lane, a former Oracle (ORCL) President and COO who is now a partner at Kleiner Perkins, as a member of the board, and non-executive chairman.
Apotheker spent more than [...]

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Oracle (ORCL) is among a group of potential buyers perusing the assets of Comverse Technology (CMVT.PK), the Wall Street Journal reports. Last month, the provider of billing software for telecom companies – probably best known for a messy stock-options backdating scandal and its fugitive former CEO Kobi Alexander – warned [...]

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Ah, here we go again.
Oracle (ORCL) CEO Larry Ellison last week stirred up the speculative juices of chip investors, declaring that the company is interested in acquire semiconductor companies with strong IP positions. The talk triggered sharp moves by ARM Holdings (ARMH), Advanced Micro Devices (AMD), MIPS Technologies (MIPS) and [...]

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Add Mellanox (MLNX) to the list of stocks moving on Oracle (ORCL) CEO Larry Ellison’s comment yesterday that the company wants to buy chip companies – and in particular, is interested in owning semiconductor IP. Mellanox controls an inter-connect technology called Infinband that’s used to hook up various parts of [...]

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ARM Holdings (ARMH) shares are on the rise this morning after Oracle (ORCL) CEO Larry Ellison told a group of analysts in San Francisco yesterday that his acquisition-minded company is going to turn its sights toward the semiconductor sector.
“You’re going to see us buying chip companies,” Ellison said, according [...]

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Oracle (ORCL) Co-President Safra Catz said on the company’s post-earnings conference call with the Street that the company sees revenue for the fiscal third quarter ending November to be up 39%-43% on a non-GAAP, current exchange rate basis, or 43%-47% on a constant currency basis. On a GAAP basis revenue [...]

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Oracle (ORCL) reported better-than-expected results for its fiscal first quarter ended August 31.
For the quarter, the company posted non-GAAP revenue of $7.6 billion and non-GAAP profits of 42 cents a share, ahead of the Street at $7.3 billion and 37 cents. On a GAAP basis, the company reported $7.5 billion [...]

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Shares of NetApp (NTAP) are up 73 cents, or 1.6%, at $47.16, after the company said it settled with Oracle (ORCL) a patent infringement suit that it brought against Sun Microsystems in 2007, “without prejudice,” and without disclosing terms.
Sun had filed two counterclaims against NetApp, at all three suits were  [...]

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It’s a Larry Ellison classic.
Earlier today, Hewlett-Packard (HPQ) sued former CEO Mark Hurd, alleging violations of his confidentiality agreement as a result of his hiring  over his hiring yesterday as co-president of Oracle (ORCL). In response,  Oracle founder and CEO Ellison responded with the kind sharp-tongued vitriol that few public [...]

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Hewlett-Packard (HPQ) has filed suit against former CEO Mark Hurd, one day after he was named co-president at Oracle (ORCL), the Wall Street Journal reports, citing “people familiar with the matter.”
The suit was filed in state court in Santa Clara, California. The WSJ says the exact contents of the suit [...]

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