Oracle CEO Larry Ellison doesn’t think highly of Hewlett-Packard’s board. In fact, he thinks the entire board should resign — pronto. Why? Because “the madness must stop,” Ellison said, referring to HP’s hiring of Leo Apotheke…
Wall Street has been quick to punish Hewlett-Packard after the computing and software giant named former SAP chief Leo Apotheker as its new CEO on Sept. 30. But if SAP’s culture says anything about what HP will be like under Ap…
HP shares dropped more than 3% in premarket trading Friday, a day after the company named Leo Apotheker to replace Mark Hurd as CEO. And if investors aren’t impressed with the choice of the former CEO of software giant SAP to l…
In a somewhat surprising move, HP went outside its walls — and all the way to Germany — to find the chief executive to replace the ousted Mark Hurd. Apotheker had stepped down as CEO of German software giant SAP in 2010.
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IBM announced Monday that it is bolstering its analytics business with the purchase of Netezza. The $1.7 billion cash transaction, which values Netezza at $27 per share — a 9.75% premium over Friday’s close — brings a long-ti…