Bloomberg / Updated: Feb 11, 2024, 04:25 IST
AA
Text Size
- Small
- Medium
- Large
Apple
said it’s reached an agreement that potentially settles its 2022
lawsuit
accusing startup Rivos of poaching engineers to steal trade secrets.
In a joint court filing Friday, the companies told a judge they’re aiming to finalize an accord that resolves their claims against each other by March 15. “The agreement provides for remediation of Apple confidential information based on a forensic examination of Rivos systems and other activities,” according to the filing in federal court in San Jose, California.
The dispute started when Apple sued former employees who went to Rivos, accusing them of working with the “stealth-mode” startup to take proprietary information about chip designs that make iPhones more powerful. Representatives for Apple and Rivos didn’t respond to requests for comment.
FOLLOW US ON SOCIAL MEDIA