IBM resolves suit against Apple-bound former exec

IBM today announced that it has resolved its suit against former PowerPC chip and blade server executive Mark Papermaster. In November of last year, the company filed for a preliminary injunction that would have denied Papermaster an advisory position at Apple because he knew too many of IBM's secrets.

Papermaster and IBM agreed on a resolution that would keep the executive from beginning work at Apple until April 24 of this year, whereupon he will remain subject to all of his former contractual obligations at IBM, including the obligation to not divulge any of IBM's confidential information. Papermaster will be under the watchful eyes of the court until October 24, 2009, a full year after he officially left IBM. In that time, he will have to legally certify in July and October that he has adhered to his legal obligations. There was no announcement regarding the monetary terms of this settlement.