EMC Corp. is taking two founders of a consulting company to court, claiming they violated an agreement not to compete with EMC after they sold their BusinessEdge company to the vnedor for a reported $200 million in 2007.
The lawsuit was filed in U.S. District Court in Massachusetts earlier this week after the founders of BusinessEdge, Emanuel Arturi and Francis Casagrande, started a new company, Knowledgent. According to a story on Boston.com, “EMC alleges that Arturi and Casagrande were ‘amply’ compensated to refrain from competing against EMC while using confidential EMC information under conditions related to the BusinessEdge sale.”
BusinessEdge was acquired for its vertical market expertise in industries such as healthcare, financial services and life sciences, and has since been folded into EMC’s client consulting group. Meanwhile, that consulting business is the subject of renewed marketing focus from EMC — the company emphasized the availability of Microsoft consulting services in its recent announcement of support for Exchange 2010, and execs have indicated the company is looking to light a fire under the consulting business.
“Consulting is one thing that remains a well kept secret at EMC,” said Bob Madaio, director of the Microsoft global alliance at EMC. “We also want to remind the market about the availability of Microsoft-specific consultants.” These consultants became part of EMC through the acquisition of Microsoft gold certified partners in recent years, including Interlink and Internosis.