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Affymetrix (Bedford, Massachusetts) (AFFX) Sues Pacific Biosciences for Poaching Employees - Right as It Announces IPO


11/10/2010 8:21:50 AM

Seeking Alpha -- Starting in August 2009, the management team at Affymetrix (AFFX) noticed what they believe is a curious pattern - a growing number of sales reps and tech personnel were leaving to join Pacific Biosciences (PACB), a rival that also develops advanced analytical tools. And so Affymetrix has sued PacBio and 25 unnamed individuals for illegally soliciting at least 10 of its staffers, who allegedly signed confidentiality and non-solicitation agreements.

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