Posted on July 6, 2009 at 5:02 PM
Filed under: Acquisitions | CD Community | Corporate Strategy | Corporate Venture Capital | Movers & Shakers
Tagged: Dell Inc. , IBM Corp.

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An appeals court on Thursday ruled that former IBM Corp. (NYSE:IBM) corporate development chief David Johnson doesn't have to limit his duties at his new employer Dell Inc. (NASDAQ:DELL) while IBM's suit against Johnson is litigated. Johnson left IBM in May to head up strategy for Dell, a move that IBM says violated a noncompete agreement.

So the part of the dispute distinguished by on-again, off-again limitations on Johnson now appears to be over. As for where it's headed, some observers expect a settlement of some kind -- eventually. - Kenneth Klee

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