Apple and Rivos reach potential settlement in ongoing trade secret theft lawsuit over SoC technology

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

In 2022, Apple accused tech startup Rivos of stealing trade secrets related to computer-chip technology. The lawsuit alleged that Rivos had hired away Apple’s engineers and used confidential information to develop competing SoC technology. SoCs are integrated circuits with multiple computer components in a single chip, and Apple claimed to have invested billions of dollars and over a decade of research into its SoC designs, which revolutionized the personal and mobile computing worlds.

Apple and Rivos have now proposed a settlement in the lawsuit. They informed the U.S. District Court for the Northern District of California that they have signed an agreement potentially settling the case, allowing Apple to examine Rivos’ systems and recover any confidential information. Representatives for both companies did not immediately comment on the settlement.

The lawsuit and settlement highlight the intense competition and disputes in the fast-paced world of technological innovation. Rivas denied the allegations and countersued Apple for unfair competition, claiming that Apple sought to punish the startup and any employees who sought to work there. Apple settled related claims last month against six former employees who left the company to join Rivos.

Leave a Reply