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IBM Files Suit to Keep Chip Exec From Apple

By David Needle Complaint says Mark Papermaster has key trade secrets about cutting edge tech that Apple shouldn't hire away. That's one reason the computer giant has filed a lawsuit against a former executive, Mark Papermaster, to prevent him from joining Apple (NASDAQ: AAPL) and honor a non-compete clause in his employment contract. Until recently, Papermaster was IBM's vice president of microprocessor development and had been at the company for 26 years. The lawsuit claims that Papermaster signed a non-compete agreement in 2006 that stipulates that he won't go work for the competition for a year should he leave the company. To continue reading this interesting story from InternetNews.com click here.

Full post as published by The Trade Secrets Vault on November 02, 2008 (boomark / email).