Get ready to doodle all over your videoconferences

HP plans in coming months to introduce an electronic collaboration tool that combines video conferencing with electronic whiteboarding, CEO Mark Hurd said on Friday.

Speaking at Fortune's Brainstorm: Tech conference in Pasadena, California, Hurd said the tool goes beyond anything Microsoft has developed.

"This is a great capability," he said. "This will not just [have the] ability for you and I to see each other. I can actually write on the screen. You will see it the way I wrote it."

He said the product would be "very, very competitively priced", but didn't give pricing or further details.

Hurd was asked about the economy but said there wasn't much he could say given that HP's quarter is just about to end.

"Everything we see says 10, being 2010, we expect to be a better year than 2009," Hurd said. "There's no question that people have put off purchases. That ages the infrastructure, which at some point creates a replacement cycle. Sooner or later, things will rebound."

Original article: HP plans electronic whiteboarding tool from CNET News.com