Papermaster set to join Apple

IBM and Mark Papermaster have come to a truce.Papermaster, who was being sued by IBM, will join Apple April 24, according to a company statement.

IBM and Mark Papermaster have come to a truce.

Papermaster, who was being sued by IBM, will join Apple April 24, according to a company statement. Papermaster will lead Apple's iPod and iPhone engineering units.

The IBM-Papermaster suit raised interesting questions about how far a non-compete clause can go.

Terms of the settlement were not disclosed. Apple simply noted in its release that the litigation "has been resolved."

Another notable point in Apple's statement is that Papermaster will be reporting to CEO Steve Jobs, who is on a hiatus for six months.

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