EMC Says Pure Storage Is Stealing From Them
EMC, the large data storage company, is accusing Pure Storage of stealing confidential information and employees from them. EMC has filed a lawsuit on Monday in federal court in Massachusetts. EMC said that at least 44 sales reps and other employees have joined Pure Storage since August 2011 “under suspicious circumstances.”
EMC also said that they are stealing “thousands of pages” of confidential and sensitive materials. Pure CEO Scott Dietzen denied that the company has stolen EMC information. Dietzen did not dispute the number of employees that came from EMC, but he said that they sought out his company because of “attractive prospects.”
“We are going to hire the best that want to join us,” said Dietzen. “We are going to behave ethically.”
Pure Storage raised $245 million from investors altogether, including a $150 million funding round that was announced in August from Greylock Partners, Tiger Global Management, Fidelity Ventures, Index Ventures, Samsung, Sutter Hill, Redpoint, and Glynn Capital. In EMC’s lawsuit, they cite examples of former EMC employees improperly stealing spreadsheets containing customer account information.
“Pure Storage has waged a deliberate, unlawful and sustained campaign to steal EMC’s confidential and proprietary information,” stated an EMC spokesman. “We are simply taking the necessary legal action to protect EMC’s rights.”
Pure Storage now has 350 employees and is expected to have 400 by the end of the year.