Sunday, February 04, 2007, 2/04/2007 12:07:00 PM

Trade Secrets & AA Batteries

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.
back to top