Trade Secrets & AA Batteries
By Press
From the Boston Globe, a story of a Connecticut man, a former Duracell employee named Edward Grande, who copied and downloaded computer research about Duracell's AA batteries. He then e-mailed that information to a home computer.
He's now pleaded guilty to theft of trade secrets in a Connecticut federal court.
According to the story, Grande then sent the information to two Duracell competitors, neither of which bit.
This is big business because Duracell generates more than $1 billion in revenue from the sale of AA batteries alone.
Grande faces up to 10 years in prison and a fine of up to $250,000 when he is sentenced April 23.
He's now pleaded guilty to theft of trade secrets in a Connecticut federal court.
According to the story, Grande then sent the information to two Duracell competitors, neither of which bit.
This is big business because Duracell generates more than $1 billion in revenue from the sale of AA batteries alone.
Grande faces up to 10 years in prison and a fine of up to $250,000 when he is sentenced April 23.
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