In a previous lawsuit, Apple accused Rivos, a startup in chip design, of hiring former Apple employees and stealing trade secrets. However, recent reports suggest that both companies have entered into negotiations that may lead to the dismissal of the lawsuit.
According to court documents from the Northern District of California, Apple and Rivos have reached a potential settlement agreement. Rivos has agreed to allow Apple to examine their system design and operations. This move aims to address Apple’s claim that Rivos hired employees and intentionally stole trade secrets.
Interestingly, Rivos has countersued Apple, alleging that Apple is trying to prevent former employees from easily transitioning to new companies. This tactic, according to Rivos, serves as a means to stifle competition in the market.
Currently, the case is temporarily suspended, and both companies must reach a resolution by March 15th.
TLDR: Apple has accused Rivos of hiring former employees and stealing trade secrets, but recent court documents indicate that both companies are in negotiations for a potential settlement. Rivos has agreed to allow Apple to examine their system design and operations, while also counter-suing Apple for alleged anti-competitive practices. The case is temporarily suspended, and a resolution must be reached by March 15th. Source: Engadget.
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