CPM Prosecutes Silicon Valley Trial
Corporate marriages can be every bit as delicate as romantic unions. And the divorces, just as nasty.
The details of one tech marriage gone bad will play out this week in a San Mateo County trial that pits the CEO of a small Silicon Valley startup against New Jersey hardware manufacturer PNY Technologies.
In 2011, PNY brought in Silicon Valley Solutions CEO Lorenzo Salhi and a handful of his employees in what's come to be known among Valley businesses as an "acquihire." Both sides had high hopes that he union would mean more revenue, particularly from selling memory chips to Salhi's biggest customer, Cisco Systems, Inc... (To read the entire article, please click the link below).