HP Exec Busted for Passing IBM Secrets

Exec shared rival's confidential info with new HP bosses
By Rob Quinn,  Newser Staff
Posted Jul 2, 2008 6:21 AM CDT
HP Exec Busted for Passing IBM Secrets
The IBM logo at the main campus in Research Triangle Park, N.C. is seen in this July 31, 2007 file photo. I    (AP Photo/Karen Tam, file)

A former Hewlett-Packard vice president faces federal charges for sharing trade secrets from IBM, the Wall Street Journal reports. The exec requested confidential pricing information while he was working for IBM. Two months later, he got a job at HP and emailed the info to an HP executive, according to investigators. Hewlett-Packard fired the new hire and reported him to IBM and authorities. (More Hewlett Packard stories.)

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