Oracle loses bid to upend HP’s $3 billion win

– Oracle breached pact by ending product sales for HP platform
– Court of appeals affirms liability, amount of award
– Oracle required to keep selling as long as HP supported platform

(Reuters) – The California Court of Appeal ruled on Monday that Oracle is on the hook for a $3 billion verdict for violating a settlement agreement with Hewlett-Packard Co by ending its development of software for use with HP’s Itanium server platform.

The 2010 settlement had resolved a trade-secrets case brought by HP following Oracle’s hire of its former CEO Mark Hurd, and Oracle breached a provision of the deal that required it to continue to offer its software on HP platforms “consistent with that partnership as it existed prior to Oracle’s hiring of Hurd,” Justice Allison Danner wrote for a three-judge panel, affirming a 2016 jury verdict.

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