IBM CEO Samuel Palmisano slams Hewlett-Packard's (HPQ) decision to spend heavily to acquire 3Par...

|By:, SA News Editor
IBM CEO Samuel Palmisano slams Hewlett-Packard's (HPQ) decision to spend heavily to acquire 3Par (PAR) and pay a hefty severance to former CEO Mark Hurd. Palmisano expresses scorn for companies that have slashed investments in core technology, saying H-P "had no choice" in overpaying for 3Par because Hurd had cut all R&D.