DailyTech - Malhotra Pleads Guilty to Stealing Trade Secrets from IBM

Submit News

Hardware Malhotra Pleads Guilty to Stealing Trade Secrets from IBM
Shane McGlaun (Blog) - July 14, 2008 2:37 PM

E-mail

del.icio.us

12 comment(s) - last by jtesoro.. on Jul 15 at 10:16 AM

Malhotra will be sentenced on October 29

Atul Malhotra has found himself in some seriously hot water over leaking confidential trade secrets from IBM’s Printer Division -- his former employer -- to two HP VP’s of its printer divisions—his then current employer.

DailyTech reported on July 3 that Malhotra had been indicted for leaking confidential information and was terminated from his role as vice president of HP’s printer division. PC World reports that the Department of Justice (DOJ) has announced Malhotra has pleaded guilty to stealing trade secrets.

The DOJ said that both IBM and HP have cooperated fully with the investigation. According to PC World, the email Malhotra sent to the HP executives said that the IBM document would help the HP sales team understand the goals of IBM as HP set pricing for prospective deals.

HP was very clear that Malhotra violated HP policies and that HP followed its policies by investigating, firing and reporting Malhotra to IBM and law enforcement. PC World says that Malhotra will be sentenced on October 29 and faces up to 10 years in prison and a fine of $250,000.

Comments

Threshold

Username
Password
remember me

This article is over a month old, voting and posting comments is disabled

IBM still makes printers?....

By Smartless on 7/14/2008 3:08:07 PM , Rating: 3

Sorry the last IBM printer I saw was a dot matrix. haha

RE: IBM still makes printers?....

By piroroadkill on 7/14/2008 3:34:18 PM , Rating: 4

Uh, they make laser printers

Parent

RE: IBM still makes printers?....

By AstroCreep on 7/14/2008 7:55:07 PM , Rating: 2

Wow, I didn't even know IBM did printers anymore after Lexmark.
Google is my friend, I suppose. ;)

Parent

RE: IBM still makes printers?....

By FingerMeElmo87 on 7/14/08, Rating: 0

RE: IBM still makes printers?....

By Gul Westfale on 7/14/2008 4:33:20 PM , Rating: 5

they should all be charged with a crime for making a printer seem like a good deal and then robbing you blind when you have to buy ink.

Parent

RE: IBM still makes printers?....

By 4wardtristan on 7/14/2008 6:49:36 PM , Rating: 4

oh wait

you actually WANT to print with that printer?

haha!

that will be 75$ for a black cartridge, thanks.

Parent

RE: IBM still makes printers?....

By sweetsauce on 7/14/2008 8:10:11 PM , Rating: 2

Not only that, but the cartridges on the new printers are a joke. At least half the size of older printers, for the same price.

Parent

RE: IBM still makes printers?....

By rollakid on 7/14/2008 8:14:39 PM , Rating: 2

Lol.

I remembered 5 years ago when I'm still in college I was asked to print out my entire documentation of my first programing project in C, and it cost me (at that time, after conversion from my currency) around $20. $20 just for printing one stupid project documentation! $20 (well, USD drops, now it's about $23.5) US is still alot for me even for today (15-19 days worth of lunch money).

I switched to a Brother's Laser printer back then after the project, $150 that time, and I haven't even change the toner once! Well, the toner low warning lights came on a few weeks ago but it just keep on printing. Strange since I've already gone over 6-7000 pages, I thought the starter toner cartridge is smaller in capacity?

Parent