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.