February 14, 1997 6:15 PM PST

Borland, Symantec call truce

Related Stories

Borland names new CEO

November 25, 1996
Borland International (BORL) today announced it settled its trade secret lawsuit against Symantec (SYMC).

The case, filed in 1992, alleged that Eugene Wang, a former Borland executive in the development tools group, had divulged trade secrets when he went to competitor Symantec.

Borland subsequently filed a lawsuit against Wang, who was hired as a vice president, and Symantec's chief executive, Gordon Eubanks.

Criminal charges were later filed against the two men by the Santa Cruz County District Attorney in 1993. Those charges, however, were dismissed in November.

Borland and Symantec said they have both agreed to drop the lawsuit and related counterclaims.

Philippe Kahn, the former Borland CEO who filed the suit, has since left the company and Wang resigned from Symantec in 1995.

 

Join the conversation

Add your comment

The posting of advertisements, profanity, or personal attacks is prohibited. Click here to review our Terms of Use.

What's Hot

Discussions

Shared

RSS Feeds

Add headlines from CNET News to your homepage or feedreader.