A former developer for IBM pled guilty on Friday (May 19) to economic espionage and to stealing trade secrets related to a type of software known as a clustered file system, which IBM sells to customers around the world.
Xu Jiaqiang stole the secrets during his stint at IBM from 2010 to 2014 "to benefit the National Health and Family Planning Commission of the People's Republic of China," according to the U.S. Justice Department.
In a press release describing the criminal charges, the Justice Department also stated that Xu tried to sell secret IBM source code to undercover FBI agents posing as tech investors. (The agency does not explain if Xu's scheme to sell to tech investors was to benefit China or to line his own pockets).
Xu, who is a Chinese national who studied computer science at the University of Delaware, will be sentenced on October 13.
From Fortune
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