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

In 2022, Apple and tech startup Rivos were involved in a lawsuit over trade secrets theft related to computer-chip technology. The case revolved around Rivos’ hiring away of Apple’s engineers and using confidential information to develop competing SoC (System-on-Chip) technology.

Apple claimed that it had invested billions of dollars and over a decade of research into its SoC designs, which had revolutionized the personal and mobile computing worlds. Rivos denied the allegations and countered with claims that Apple was engaging in unfair competition by trying to punish the startup and any employees who sought to work there.

After months of legal proceedings, Apple and Rivos have reached a settlement in the case. Under the agreement, Apple will be allowed to examine Rivos’ systems and recover any confidential information that may have been stolen. Representatives for both companies have not yet commented on the settlement details.

The lawsuit highlights the intense competition and disputes that exist in the fast-paced world of technological innovation. As companies continue to invest heavily in research and development, it is important for them to protect their intellectual property from being stolen or misused by competitors.

By Editor

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