Apple plans to settle a lawsuit that accused tech startup Rivos of stealing its trade secrets related to computer chip technology.News 

Apple, which accused this company of stealing its trade secrets, intends to resolve lawsuit through settlement.

Apple plans to settle a lawsuit accusing tech startup Rivos of stealing trade secrets related to its computer chip technology, according to a joint court filing filed Friday in California federal court.

The companies told the U.S. District Court for the Northern District of California that they had “signed an agreement that potentially resolves the matter” and that the agreement allows Apple to examine Rivos’ systems and return any confidential information.

Representatives for Apple and Rivos did not immediately respond to requests for comment and more information about the settlement.

Apple “stealthfully” sued startup Rivos in 2022. It said Mountain View, Calif.-based Rivos had hired dozens of engineers and used its confidential information to develop competing system-on-chip (SoC) technology.

SoCs are integrated circuits that have multiple computer components on a single chip, including CPUs and graphics processing units. Apple said in the lawsuit that it spent billions of dollars and more than a decade of research on its SoC designs and that they have “revolutionized the world of personal and mobile computing.”

Rivos denied the allegations, claiming that Apple had “attempted to punish the Rivos and any Apple employees who might aspire to work there from the moment Apple became aware of the promising startup.” It sued Apple last September for unfair competition.

Apple settled related claims last month against six former employees who left the company to join Rivos.

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