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| Tech stars join forces as Oracle hires HP's Hurd | Tech stars join forces as Oracle hires HP's Hurd |
| (40 minutes later) | |
| The database software maker, Oracle, has hired the former chief executive of Hewlett Packard (HP), Mark Hurd, as a co-president. | The database software maker, Oracle, has hired the former chief executive of Hewlett Packard (HP), Mark Hurd, as a co-president. |
| Mr Hurd, who resigned from HP a month ago after a sexual harassment investigation, is a friend of Oracle's chief executive, Larry Ellison. | Mr Hurd, who resigned from HP a month ago after a sexual harassment investigation, is a friend of Oracle's chief executive, Larry Ellison. |
| Mr Hurd denies any wrong doing and was backed throughout the investigation by Mr Ellison. | Mr Hurd denies any wrong doing and was backed throughout the investigation by Mr Ellison. |
| The two are among the best-known figures in the technology industry. | The two are among the best-known figures in the technology industry. |
| He replaces current co-president, Charles Phillips, who himself courted controversy earlier this year when billboards appeared in a number of US cities featuring pictures of himself and a former girlfriend. | He replaces current co-president, Charles Phillips, who himself courted controversy earlier this year when billboards appeared in a number of US cities featuring pictures of himself and a former girlfriend. |
| Oracle and Hewlett-Packard are closely linked as companies. | Oracle and Hewlett-Packard are closely linked as companies. |
| They have worked together for 25 years to ensure their products are compatible. | They have worked together for 25 years to ensure their products are compatible. |
| Major technology firms have spent the last few years trying to straddle hardware, software and data storage in a bid to remain relevant. | Major technology firms have spent the last few years trying to straddle hardware, software and data storage in a bid to remain relevant. |
| Oracle recently took over rival Sun Microsystems, while HP just fought off Dell in a close bidding war that leaves it the front-runner to take over the data storage company, 3Par. | |
| Mr Ellison said there was no-one better for the job as co-president of Oracle than Mark Hurd: "There is no executive in the IT world with more relevant experience than Mark." | Mr Ellison said there was no-one better for the job as co-president of Oracle than Mark Hurd: "There is no executive in the IT world with more relevant experience than Mark." |
| Mr Hurd cut 50,000 jobs during his time at HP. | Mr Hurd cut 50,000 jobs during his time at HP. |