Spencer E. Ante, for the WSJ:
In a rare public broadside, IBM Chief Executive Samuel J.
Palmisano said he doesn’t worry about companies such as H-P that
have slashed their investments in core technologies and need to
make expensive acquisitions to keep up.
“H-P used to be a very inventive company,” Mr. Palmisano said in
an interview at a Wall Street Journal event on Tuesday. IBM would
never have paid what H-P did to buy data-storage provider 3PAR
Inc., he said. “[H-P] had no choice,” said Mr. Palmisano. “Hurd
cut out all the research and development.” […]
The executive said he worries about software giant Oracle and
believes it will become the biggest threat to IBM over the long
term. “Oracle invests,” said Mr. Palmisano, who praised Oracle CEO