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Uber, Waymo Settle Trade Secret Case Amid Trial

Law360, San Francisco (February 9, 2018, 11:07 AM EST) -- Waymo and Uber have reached a settlement of their self-driving car trade secret row a third of the way through trial, with Uber agreeing to give Waymo a slice of the ride-hailing company's $72 billion equity worth approximately $245 million.

Uber agreed to give Waymo .34 percent of its equity on Friday to end a trial over trade secrets for self-driving cars. (AP) U.S. District Judge William Alsup elicited an audible gasp from the courtroom when he announced the settlement and excused the jury Friday morning...
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Case Information

Case Title

Waymo LLC v. Uber Technologies, Inc. et al


Case Number

3:17-cv-00939

Court

California Northern

Nature of Suit

Patent

Judge

William Alsup

Date Filed

February 23, 2017

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Companies

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