Apple and Chip Startup Rivos Settling Trade Secrets Lawsuit

San Jose, California – Apple has reached a settlement with chip startup Rivos, ending a two-year legal battle over stolen trade secrets. Both parties informed a judge on Friday that they are working towards finalizing the settlement by March 15. Apple had filed a lawsuit against Rivos in May 2022, accusing the “stealth-mode” startup of luring away engineers who had access to confidential company information. The lawsuit claimed that former employees stole Apple’s System-on-a-Chip specifications and design files at Rivos’ request during the recruitment process. In response, Rivos countersued Apple in September 2023, claiming that … Read more