Kill innovation? IBM wrote Eclipse and then handed it to open-source, IBM are one of the leading blockchain developers. IBM has invented more ground-breaking hardware and software than practically any other company in the world, the worlds' first hard-drive, RAM, the RISC CPU, the floppy disc drive, relational database, magnetic stripe card, scanning tunnelling microscope, the universal product code, the first chess computer to beat an active world chess champion - a quarter century solid of filing more patents than any other company. They've been running virtual machines since 1972!
Today's IBM mainframes can move an active Red-Hat Linux guest in real time from one physical machine to another without interrupting service - what other platform can do that? I call that innovative! Today's IBM mainframes have hardware assistance (specialist instructions) to accelerate Java - does x86?