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IBM's Palmisano: HP 'used to be inventive'

Big Blue CEO knocks the company's rival in an interview, saying former HP CEO Mark Hurd cut out all the research and development HP used to do.

IBM CEO Sam Palmisano knocked Big Blue's primary rival--Hewlett-Packard--as well as its former CEO, Mark Hurd, who is now taking aim at the company as co-president at Oracle.

In a Wall Street Journal interview, Palmisano said, "HP used to be a very inventive company. Hurd cut out all the research and development."

The R&D remark refers to HP's $2.4 billion purchase of 3Par. Palmisano argued that the 3Par acquisition means HP hasn't invested in R&D. He also noted that HP botched the Hurd departure. Meanwhile, Palmisano gave Oracle props and said Larry Ellison & Co. will become IBM's biggest rival.

Read more of "IBM's Palmisano: HP 'used to be inventive'" at ZDNet's Between the Lines.