IBM appoints Morgan Stanley banker to head merger department

Source: Internet
Author: User

"Sina Science and Technology," Beijing time June 24 morning news, according to foreign media reports, following the rival Dell dug before the takeover Director, IBM Tuesday appointed the company's senior executives, former Morgan Stanley banker Ellas Mendoza (Elias Mendoza) as the head of the mergers and acquisitions department.

Mendoza, who was in charge of the IBM Mergers and Acquisitions Division's Asian operations, will become the top head of IBM's mergers and acquisitions division, before joining IBM in 2006, when he worked for Morgan Stanley. At the same time, IBM is still awaiting a federal court ruling on the company's decision to ban former mergers and acquisitions director of Dell's lawsuit.

IBM said the former acquisition director, David Johnson, jumped the David Johnson is in May, violating its non-compete agreement with IBM in 2005. IBM said in the complaint: "Johnson mastered the IBM confidential material, and his role as Dell Strategic department is bound to violate IBM's responsibility." The New York district Court will make its ruling as early as this week.

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