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Apple to reach settlement in trade secrets lawsuit with chip startup Rivos | Tech Industry Updates

ByEditor

Feb 11, 2024

Apple has opened a new tab and revealed plans to settle a lawsuit with tech startup Rivos, which accused the startup of stealing trade secrets related to computer-chip technology. The joint court filing was made in California federal court on Friday. The filing indicated that the companies had signed an agreement that potentially settles the case. The agreement allows Apple to examine Rivos’ systems and recover any confidential information.

Representatives for Apple and Rivos did not immediately respond to requests for comment and further information about the settlement. Apple initially sued “stealth” startup Rivos in 2022, alleging that the company had hired away dozens of its engineers and used its confidential information to develop competing “system-on-chip” (SoC) technology.

SoCs are integrated circuits with several computer components in a single chip, including central processing units and graphic processing units. Apple claimed that it had spent billions of dollars and over a decade of research on its SoC designs, and that they have “revolutionized the personal and mobile computing worlds.”

Rivos denied the allegations and countered that Apple had “sought to punish Rivos and any Apple employees who may seek to work there since the moment Apple learned about the promising startup.” Rivos filed a countersuit against Apple last September for unfair competition. Apple settled related claims in the case last month against six former employees who left the company to join Rivos.

By Editor

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