Apple to settle trade secrets lawsuit with chip startup Rivos

Apple has decided to settle with the chip startup Rivos, two years after first suing the company for stealing trade secrets. According to a filing released on Friday, Rivos and Apple informed a judge that they are planning to finalize a settlement by March 15.

Apple sued the “stealth-mode” startup in May 2022, accusing Rivos of poaching engineers with access to secret company information. Apple’s lawsuit claimed that former employees stole proprietary information at the request of Rivos as part of the recruiting process.

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