Cisco Systems, Inc. (NASDAQ:CSCO) hired former Apple executive Mark Papermaster to work on “chips for switches.” Papermaster used to be the SVP of Devices Hardware Engineering. Papermaster also worked at IBM from 1982-2008. Before leaving IBM, he was the VP of IBM’s blade server division.
Papermaster was fired from Apple in August when he was in charge of the iPhone and iPod hardware division. There was speculation that he was fired because of the antenna issue with the iPhone 4. When Papermaster was initially hired by Apple, there was a legal battle for violating his IBM contract.