Mark Hurd to Dell: sorry, not interested

1 Author : March 28, 2013 0

BANGALORE, INDIA: Mark Hurd, Oracle’s co-president, put to rest rumours that he might Oracle to take up the CEO post at Dell. According to a tweet from Oracle corporate communications executive Deborah Hellinger, that Hurd is not interested in Dell, and is very happy with Oracle. Hurd said this while announcing Oracle’s new cloud data centre, in Tokyo, Japan.

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Last week there were reports that private equity firm Blackstone Partners had allegedly contacted Hurd and asked him to lead the troubled PC maker.

Hurd infamously left Hewlett- Packard (HP) in 2010, after a sex scandal against him. However, during his tenure as chief executive officer of HP, he helped the company to regain its first slot from Dell as the largest personal computer (PC) maker. So, Hurd is seen as a good bet to turnaround the fortunes of Dell.

On the other hand, Michael Dell, who along with private equity firm Silver Lake Partners is trying to take over Dell, for $24.4 billion, might have to leave the company if The Blackstone Group and investor Carl Icahn succeed in winning the bid.

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