Company Apple in 2022, she sued technology startup Rivos. According to the lawsuit, the startup hired more than 40 former employeesancof the Cupertino company, who were subsequently supposed to work there on the development of new SoCs. Now the whole disputeonefinally resulted in a solution.
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Agency Bloomberg announced earlier this week that the company Apple reached a settlement with startup Rivos, which it sued in 2022 for trade secret theft. Rivos will now undergo a forensic examination of its systems to remove all confidential company information Apple. Rivos hired more than 40 employees a few years ago.ancof the company Apple, including several former high-ranking engineers, which led Apple to file a lawsuit in May 2022. Apple accused Rivos of dragging out employeesancand theft of trade secrets of chips through these employeesancRivos designs SoCs that could potentially compete with chips Apple A and M series.
According to the company Apple at least two engineers hired by Rivos have quit within the last few days of their tenure with the company Apple "gigabytes of sensitive SoC specifications and design files." Employedancthey allegedly used USB drives and AirDrop to transfer sensitive company materials Apple into their personal devices and allegedly stole presentations about unreleased SoCs.
Company Apple requested an injunction against the employeeancwho joined Rivos to prevent further leakage of sensitive data and to demand compensation for the damage caused by theoneby the breach of trade secrets and the "unjust enrichment" of Rivos at the expense of the company Apple. Apple further, demanding that Rivos pay a "reasonable royalty rate" for future products and demanding a jury trial. Companies Rivos a Apple they want to close the deal by March 15th and are working on the remedial process.
