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Apple to settle trade secrets lawsuit against chip startup Rivos

2024.02.09 20:46


© Reuters. FILE PHOTO: The Apple emblem is seen hanging on the entrance to the Apple retailer on fifth Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo

By Blake Brittain

(Reuters) – Apple (NASDAQ:) plans to settle a lawsuit that accused tech startup Rivos of stealing its trade secrets associated to computer-chip know-how, in accordance to a joint court docket submitting on Friday in California federal court docket.

The corporations instructed the U.S. District Court for the Northern District of California that they’d “signed an agreement that potentially settles the case,” and that the settlement permits Apple to look at Rivos’ techniques and recuperate any confidential info.

Representatives for Apple and Rivos didn’t instantly reply to requests for remark and extra details about the settlement.

Apple sued “stealth” startup Rivos in 2022. It mentioned Mountain View, California-based Rivos had employed away dozens of its engineers and used its confidential info to develop competing “system-on-chip” (SoC) know-how.

SoCs are built-in circuits with a number of laptop parts in a single chip, together with central processing items and graphic processing items. Apple mentioned within the lawsuit that it spent billions of {dollars} and greater than a decade of analysis on its SoC designs, and that they’ve “revolutionized the personal and mobile computing worlds.”

Rivos denied the allegations and claimed 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.” It countersued Apple final September for unfair competitors.

Apple settled associated claims within the case final month against six former staff who left the corporate to be part of Rivos.

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