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Apple will resolve its case against chip company Rivos over trade secrets.

Apple will resolve its case against chip company Rivos over trade secrets.

By Kajal Sharma - 11 Feb 2024 06:42 PM

According to a joint court filing on Friday in California federal court, Apple opens new tab plans to settle a dispute in which it was accused by tech startup Rivos of stealing its trade secrets pertaining to computer-chip technology.Both businesses stated to the U.S. District Court for the Northern District of California, opens new tab, that they had "signed an agreement that potentially settles the case," allowing Apple to look through Rivos' systems and retrieve any private data.Requests for comments and additional details regarding the settlement were not immediately answered by representatives for Apple or Rivos.In2022, "stealth" startup Rivos was sued by Apple.

It claimed that Rivos, a company based in Mountain View, California, had hired away dozens of its engineers and utilized its proprietary knowledge to create rival "system-on-chip" (SoC) technology.Integrated circuits, or SoCs, are chips that contain many computer components, such as visual processing units and central processing units, on one chip. During almost a decade of study and billions of dollars, Apple claimed in the complaint that its SoC designs had "revolutionized the personal and mobile computing worlds."Rejecting the accusations, Rivos asserted that Apple had "sought to punish Rivos and any Apple employees who may seek to work there since the moment Apple learned about the promising startup."

 

 

 

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