IBM and Papermaster (er, Apple) Settle - Papermaster Permitted to Commence Work for Apple in April, 2009

Apple just announced that 25-year IBM vet Mark Papermaster will start work as head of hardware engineering for the iPhone and iPod effort on April 24. According to Apple, Papermaster and IBM have settled the legal spat that occurred when Big Blue sued him for violating the non-compete clause of his contract in taking the job with Apple late last year. No details on the terms of the settlement were announced, and Apple spokesman Steve Dowling didn’t comment as to whether the settlement will limit what Papermaster can do for Apple. Here is the full release:

Mark Papermaster to Begin at Apple as Senior Vice President of Devices Hardware Engineering on April 24 CUPERTINO, California—January 27, 2009—Apple® today announced that Mark Papermaster will be coming to Apple as senior vice president of Devices Hardware Engineering, reporting to Apple CEO Steve Jobs, on April 24. Papermaster, who comes to Apple from IBM, will lead Apple’s iPod® and iPhone™ hardware engineering teams. The litigation between IBM and Mark Papermaster has been resolved.