Apple and Rivos Reach Settlement in Trade Secrets Lawsuit
The settlement allows Apple to conduct a forensic examination of Rivos' systems to recover confidential information.
- Apple has agreed to settle its lawsuit against chip startup Rivos, accused of stealing trade secrets and poaching employees.
- The settlement, expected to finalize by March 15, includes a forensic examination of Rivos' systems for any Apple confidential information.
- Rivos countersued Apple, alleging anticompetitive measures, but both parties have now agreed to a potential settlement.
- The lawsuit began in 2022 when Apple accused Rivos of hiring away its engineers to access proprietary SoC design information.
- Apple previously settled with six former employees who were implicated in the case and had countersued the company.