Apple agrees to settle with Rivos in chip trade secret theft lawsuit

Apple may have reached a potential settlement to end its legal battles with the startup Rivos, which it previously accused of stealing trade secrets and poaching employees.

Apple sued Rivos in 2022, accusing it of taking engineers and trade secrets concerning its chip designs, so the stealth startup could refine its own product. Close to two years later, the two companies are finally close to ending the litigious fighting.

In a joint court filing with the U.S. District Court for the Northern District of California seen by Reuters, Apple and Rivos have “signed an agreement that potentially settles the case.” As part of the agreement, there is a provision for “remediation of Apple confidential information based on a forensic examination of Rivos systems and other activities.”

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