We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
79,864 News Articles

IBM pays $3m bond in Apple employee suit

Battle over former exec Papermaster continues

IBM has been ordered to post a bond of $3m in case the company's lawsuit attempting to prevent former vice president of Blade Development, Mark Papermaster, joining Apple is proven without merit.

Apple announced earlier this month that Papermaster, a former senior executive at IBM, would join Apple as senior vice president of Devices Hardware Engineering. However, IBM took issue with Apple hiring Papermaster and launched a lawsuit to block the move.

IBM claims Papermaster's move to Apple would damage the company as he has knowledge of "significant and highly confidential IBM trade secrets". A US court has issued an injunction preventing him from working for Apple until the case could be settled.

Papermaster has countersued his former employer, and claims that when he accepted the job at Apple, he signed an Intellectual Property Agreement in which he agreed not to disclose "confidential, or proprietary, or secret information" of IBM.


IDG UK Sites

The 30 best TV shows on Netflix UK: Our pick of the best programmes you can watch right now

IDG UK Sites

Nostalgia time: Top 10 best selling mobile phones in history

IDG UK Sites

VFX Emmy: Game of Thrones work garners gong for Rodeo FX

IDG UK Sites

Apple 13-inch MacBook Pro with Retina review (2.6GHz, 128GB, mid-2014)