HP Sues Ex-CEO Hurd For Joining Oracle

Hewlett-Packard has filed a lawsuit against former CEO Mark Hurd, in order to prevent him from joining rival Oracle as co-president.

The lawsuit comes one day after Oracle CEO Larry Ellison announced that Hurd would be joining the company and will be charged with expanding Oracle's hardware division.

HP, which had forced Hurd to resign following allegations of the sexual harassment of a former HP contractor, fears that the former CEO might use the internal knowledge he has of HP's operations to help rival Oracle compete.

HP and Oracle had partnered in the past to make Oracle's enterprise software work better with HP hardware, however, this relationship deteriorated when Oracle acquired Sun Microsystems to venture into enterprise hardware, entering into direct competition with HP.

Oracle CEO Larry Ellison, said in a statement to The Associated Press: “The HP board is making it virtually impossible for Oracle and HP to continue to cooperate and work together in the IT marketplace.”