Fidelity bank banner Camano banner
Oracle ordered to pay HP $3 billion in damages

By News Express on 01/07/2016

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 1,702


A California jury ordered Oracle Corp (ORCL.N) to pay Hewlett-Packard Enterprise Co (HPE.N) $3 billion in damages in a case over HP’s Itanium servers, an Oracle spokeswoman said on Thursday.

Oracle said it would appeal the verdict.

The Itaniuum processor is made by Intel Inc (INTC.O).

Oracle decided to stop developing software for use with HP’s Itanium-based servers in 2011, saying that Intel made it clear that the chip was nearing the end of its life and was shifting its focus to its x86 microprocessor.

But HP said it had an agreement with Oracle that support for Itanium would continue, without which the equipment using the chip would become obsolete.

In the first phase of trial in 2012, Santa Clara Superior Court Judge James Kleinberg ruled that there had been a contract. The jury on Thursday decided damages.

“HP is gratified by the jury’s verdict, which affirms what HP has always known and the evidence overwhelmingly showed,” John Schultz, executive vice president and general counsel of Hewlett Packard Enterprise, said in an e-mailed statement, saying that Oracle’s decision to stop the software development “was a clear breach of contract.”

In a statement, Oracle general counsel Dorian Daley said the company had been providing all its latest software for Itanium servers since Kleinberg’s decision.

“Now that both trials have concluded, we intend to appeal both today’s ruling and the prior ruling,” Daley said. (Reuters)

Source News Express

Posted 01/07/2016 5:17:21 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
Soyinka explains why he won't vote for Jonathan...

NiMET predicts cloudy weather, localised thunderstorm

CAR interim President throws in the towel

2019: Ekiti PDP members defy Fayose, elect Aluko...

Only Agbaje can end godfatherism in Lagos, says...

Aisha Buhari renders assistance to Gombe blast victims...

Group conducts environmental dialogues in oil communities

Reps probe Cameroon’s seizure of Nigerian island in...

Eid-El Maulud: FG declares Tuesday public holiday

Jonathan wins The Trent Person of the Year...

FG launches contract monitoring website

Turkey election: Erdogan wins another term as president...

 

Latest News Ohanaeze set to host Afenifere, Arewa, PANDEF at Igbo Day celebration 2019 elections: APC, PDP disagree over readiness Ndume begs colleagues not to boycott 2019 Budget presentation Temple food kills two children, 9 others PDP rejects INEC plan to create poling centres in IDP camps Kaduna APC Primary: Aspirant alleges threat to life Umahi sacks Ebonyi Broadcasting Corporation Board Chairman Insurgency: Buhari, other Lake Chad Basin leaders meet in Abuja Development partners facilitate science-policy interaction in West Africa Tragedy hits Nigerian football as star defender Dominic Dukku slumps and dies before match Okowa mourns Delta CJ’s wife, urges Nigerians to live impactful life Defence Minister charges War College participants to remain apolitical

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (430,521 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (395,252 views) Shameless Genevieve Nnaji exposes breasts in public (328,098 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (282,112 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (248,148 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (229,422 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (212,348 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (193,529 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (179,982 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (170,671 views) Lagos plane crash: Journalist releases victims’ names (167,400 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (153,862 views)

 

CBN banner Zenith Zero Balance First Bank chat banking

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (76) Business & Economy (3,883) Business Verdict (54) Columnists (974) Complaints & Requests (95) Enterprise & Opportunities (208) Entertainment (575) Features (679) Global Business Monitor (313) International (2,830) Interview (167) Live Commentary (28) Love Matters (147) Maggie's Blog (74) News (41,462) Opinion (1,153) Pidgin (13) Politics (8,183) Religion (916) Sports (1,822) Stock Watch (35) AMA & Al Jazeera Global Update

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera