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HP eyeing $4 billion damages claim in Itanium case against Oracle |
March 19, 2013
Hewlett-Packard may seek damages of US$4 billion to $4.2 billion from Oracle in its lawsuit over support for Itanium server architecture.
An economist that HP plans to call in the case made the estimate at an evidentiary hearing on Monday in Santa Clara County Superior Court in San Jose, California. The economist, Jonathan Orszag of the consulting firm Compass Lexecon, estimated the difference between HP’s Itanium-related revenue with and without Oracle’s March 2011 announcement that it would stop porting software to Itanium.
“The Oracle conduct at question in this case had a very significant and negative effect on the HP Itanium business,” Orszag said during questioning by HP’s legal team.
HP sued Oracle in June 2011, saying the company had breached a contract when it stopped porting software to the Itanium platform, which powers HP’s so-called mission-critical servers for large enterprises. Last August, Oracle was ordered to resume Itanium support, a decision the company is appealing. The case is now being prepared for a jury trial to determine what damages, if any, HP is entitled to. On Monday, the two sides began presenting the testimony of their planned expert witnesses for approval by the judge in the case, James Kleinberg.To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/2031169/hp-eyeing-4-billion-damages-claim-in-itanium-case-against-oracle.html#tk.rss_all
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