Latest in Atul malhotra

Image credit:

Former HP exec pleads guilty to stealing IBM trade secrets

Nilay Patel
07.11.08
Share
Tweet
Share

Sponsored Links

Well, that didn't take long. Atul Malhotra, the HP executive charged with stealing printer market data when he left IBM and sending it to his new colleagues at HP with the genius-level subject line "For Your Eyes Only," has pled guilty to one count of theft of trade secrets. Malhotra probably made the right choice -- he specifically requested the information just before he left IBM and HP itself investigated and turned him in when he was found sending it around, so the case against him was pretty airtight. It's not clear what his plea deal is, but sentencing is scheduled for October 29, and he can get up to 10 years in the clink with a fine of up to a quarter-million dollars. Crime don't pay, kids.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share

Popular on Engadget

Tesla turns a profit as it spins up trial production in Shanghai

Tesla turns a profit as it spins up trial production in Shanghai

View
Four new 'Adventure Time' specials are heading to HBO Max

Four new 'Adventure Time' specials are heading to HBO Max

View
Microsoft's cloud and LinkedIn grow steadily, while Surface falters

Microsoft's cloud and LinkedIn grow steadily, while Surface falters

View
The latest 'Destiny 2' Halloween event starts October 29th

The latest 'Destiny 2' Halloween event starts October 29th

View
Lexus’s first autonomous EV has drones and ‘artificial muscle technology’

Lexus’s first autonomous EV has drones and ‘artificial muscle technology’

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr