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Oracle Accuses HP of Fraud, Libel in Cross-Complaint Suit

3rd September, 16:14pm

Aug. 30 (Bloomberg) -- Oracle Corp. accused Hewlett-Packard Co. of fraud and libel, saying a settlement agreement between the two companies over Oracle’s hiring of former HP chief Mark Hurd was unfair and that HP defamed Oracle with allegations that the company bullies its customers.

The accusations came in counter claims by Oracle in a pending HP lawsuit filed in June. HP has accused Oracle of moving from partner to “bitter antagonist” by hiring away its chief executive officer and withdrawing support for its database software on HP computers that use the Itanium chip.

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