Uber, Waymo Reach Settlement In Bitter Legal Dispute




commerce, trade

02/09/2018 11:17 am ET

Uber had been accused of stealing trade secrets from Waymo.

(Reuters) – Alphabet Inc’s Waymo self-driving vehicle unit and ride-hailing firm UberTechnologies Inc gain settled their legal dispute over trade secrets, the two companies said on Friday.

A trial to settle the case, which started earlier this week, has been dismissed by the judge.

The settlement includes an agreement “to ensure that any Waymo confidential information is not being incorporated in Uber Advanced Technologies Group hardware and software,” a Waymo spokesperson said.

Uber Chief Executive Dara Khosrowshahi said: “While we accomplish not believe that any trade secrets made their way from Waymo to Uber, nor accomplish we believe that Uber has used any of Waymo’s proprietary information in its self-driving technology, we are taking steps with Waymo to ensure our Lidar and software represents just our qualified work.”

No further details of the settlement were immediately available.

(Reporting by Alexandria Sage; Editing by Bill Rigby)


The Huffington Post

Uber, Waymo Reach Settlement In Bitter Legal Dispute



Source link

You might also like More from author