In 2022, tech startup Rivos was sued by Apple for allegedly stealing trade secrets related to computer-chip technology. SoCs, or integrated circuits with multiple computer components in a single chip, were at the center of the dispute. Apple claimed that it had spent billions of dollars and over a decade of research on its SoC designs, which had revolutionized the personal and mobile computing worlds.
Rivos denied the allegations and countersued Apple for unfair competition, accusing the company of trying to punish the startup and any employees who left to join Rivos. The lawsuit and subsequent settlement brought attention to the intense competition and disputes in the fast-paced world of technological innovation.
Apple and Rivos have now reached a potential settlement in the case. The companies informed the U.S. District Court for the Northern District of California that they have signed an agreement that may settle the dispute. Under terms of the agreement, Apple will be allowed to examine Rivos’ systems and recover any confidential information that was allegedly stolen.
Representatives for both companies did not immediately comment on the settlement, but it is likely that this resolution will end a contentious legal battle between two major players in the tech industry.