Atul Malhotra, who pleaded guilty last week to stealing trade secrets from his previous employers IBM and trying to pass them on to his new employers at Hewlett Packard Company, now faces 10 years in prison, a $250,000 fine and three years of supervised sentence. The sentencing is scheduled for October 29.
Robert P Wayman, H-P's chief financial officer, has been named chief executive officer on an interim basis.
Take a look at the 10 biggest IT deals ever.