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Ray Lane calls out Hurd in his letter to The New York Times in October, 2010.

The bottom line is: Mr. Hurd violated the trust of the Board by repeatedly lying to them in the course of an investigation into his conduct. He violated numerous elements of HP’s Standards of Business Conduct and he demonstrated a serious lack of integrity and judgment

After Apotheker announced HP plans to buy Autonomy — another enterprise software company — for $11.7 billion in August, Oracle couldn’t contain itself.

In a statement on September 28, 2011, Oracle said Autonomy had shopped itself to Oracle first and Oracle turned it down. When Autonomy CEO Mike Lynch denied that, Oracle said: “Either Mr. Lynch has a very poor memory or he’s lying.”

When there was further denial, Oracle put out another statement entitled “Another whopper from Autonomy CEO Mike Lynch” and helpfully published the PowerPoint slides it said he and banker Frank Quattrone brought to the meeting.  The presentation is here and here.

According to the statement:

Ably assisting Mike Lynch’s attempt to sell Autonomy to Oracle was Silicon Valley’s most famous shopper/seller of companies, the legendary investment banker Frank Quattrone.  After the sales pitch was over, Oracle refused to make an offer because Autonomy’s current market value of $6 billion was way too high.

The next chapter in this saga may be a trial on HP’s remaining claims against Oracle which should kick off in April, but stay tuned: anything can happen and usually does.

Related research and analysis from GigaOM Pro:
Subscriber content. Sign up for a free trial.

  • Report: How Mobile Cloud Computing Will Change Tech
  • Report: The Future of Data Center Storage
  • Why the big data startup boom will likely be short-lived

Ray Lane calls out Hurd in his letter to The New York Times in October, 2010.

The bottom line is: Mr. Hurd violated the trust of the Board by repeatedly lying to them in the course of an investigation into his conduct. He violated numerous elements of HP’s Standards of Business Conduct and he demonstrated a serious lack of integrity and judgment

After Apotheker announced HP plans to buy Autonomy — another enterprise software company — for $11.7 billion in August, Oracle couldn’t contain itself.

In a statement on September 28, 2011, Oracle said Autonomy had shopped itself to Oracle first and Oracle turned it down. When Autonomy CEO Mike Lynch denied that, Oracle said: “Either Mr. Lynch has a very poor memory or he’s lying.”

When there was further denial, Oracle put out another statement entitled “Another whopper from Autonomy CEO Mike Lynch” and helpfully published the PowerPoint slides it said he and banker Frank Quattrone brought to the meeting.  The presentation is here and here.

According to the statement:

Ably assisting Mike Lynch’s attempt to sell Autonomy to Oracle was Silicon Valley’s most famous shopper/seller of companies, the legendary investment banker Frank Quattrone.  After the sales pitch was over, Oracle refused to make an offer because Autonomy’s current market value of $6 billion was way too high.

The next chapter in this saga may be a trial on HP’s remaining claims against Oracle which should kick off in April, but stay tuned: anything can happen and usually does.

Related research and analysis from GigaOM Pro:
Subscriber content. Sign up for a free trial.

  • Report: How Mobile Cloud Computing Will Change Tech
  • Report: The Future of Data Center Storage
  • Why the big data startup boom will likely be short-lived

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Looks like everyone wants a piece of the ball. We have a competition running for the honors of building a stadium for the Houston Dynamo Soccer Team. Four cities are vying for the attention of the Dynamos. Currently Houston Dynamo plays their home matches at University of Houston’s Robertson Stadium. It is a 32,000 seat sports stadium located in southeast Houston. A three-year lease has been signed for the Dynamo team to play at the stadium while plans for a soccer-specific stadium are finalized.

December 15, 2005 the San Jose Earthquakes were relocated to Houston, because owner AEG’s did not secure a soccer-specific stadium and the Dynamo were created. Hence the rush to get a stadium built to host the MLS team’s home turf near or in Houston. Dynamo finished their first season in Houston with a record good enough for second place in the Western Conference. In 2006, the Dynamo defeated the New England Revolution to win the 2006 MLS Cup held at Pizza Hut Park in Frisco, Texas. With the win, the Dynamo advanced to the 2007 CONCACAF Champions’ Cup. This is could be a real money maker for the economy in Houston or who ever the lucky city will be. At this point Sugar Land, Houston, Pearland and Webster have shown interest in building a stadium for the Dynamos.

Last week the Sugar Land City Council agreed to move forward with the development of an entertainment district that would include a 20,000-25,000 seat stadium that could be used by the Dynamo. In addition to the stadium, the entertainment district would 16 tournament-level and recreational soccer/football fields and a 7,000 seat indoor performing arts center. Councilman Michael Schiff said he believes Sugar Land has what it takes to attract the Dynamo. “I think we have the demographics; I believe we have the interest and I believe the Dynamo also realizes that,” Schiff said.

Pearland and the team have discussed a possible site for the complex near Texas 288 and Beltway 8. Luck said the Dynamo have conducted preliminary engineering work there. Fred Welch, executive director of the Pearland Economic Development Corp., would not confirm that the city had submitted a proposal to the Dynamo or provide specifics on it.

“What I like about Pearland is the timing of this all, because they’re really in a massive growth spurt,” Dynamo team president Oliver Luck said. “Being able to potentially plan something like (a soccer stadium complex) in with all the other stuff that’s happening is very gratuitous timing.”

Webster’s economic development director, Betsy Giusto, would not confirm that the city had submitted a proposal to the Dynamo or provide specifics on it. She has previously said that there are several possible sites in the city for a stadium complex. Oliver Luck said the team has conducted preliminary engineering work in every city except Webster. “The ball is in Oliver’s court,” Giusto said. “We’re waiting on Oliver.”

Houston is focusing on a downtown locale just north of Minute Maid Park for the soccer plans.

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