STREAMING NOW: Watch Now

Uber and Waymo settle trade secrets lawsuit

Uber and Waymo have reached a settlement in their trade secrets lawsuit, lawyers for the companies told a federal cou...

Posted: Feb 9, 2018 9:56 PM
Updated: Feb 9, 2018 9:56 PM

Uber and Waymo have reached a settlement in their trade secrets lawsuit, lawyers for the companies told a federal court in San Francisco Friday morning.

Waymo, which was Google's self-driving car program, had alleged its former engineer Anthony Levandowski downloaded autonomous vehicle trade secrets and took them to Uber.

Waymo accepted a settlement offer from Uber, which agreed to a deal that includes 0.34% of Uber's equity at a $72 billion valuation, which works out to about $245 million, two sources familiar with the matter said. Waymo had initially asked for maximum damages of $1.8 billion.

Google already has equity in Uber. Google invested $258 million in Uber in 2013 and integrated Uber into Google Maps the following year.

A gasp could be heard in the courtroom when attorneys announced the settlement. Presiding Judge William Alsup noted after the announcement that a settlement like this, in the middle of a trial, is rare.

"We have reached an agreement with Uber that we believe will protect Waymo's intellectual property now and into the future," a Waymo spokesperson said in a statement. "We are committed to working with Uber to make sure that each company develops its own technology. This includes an agreement to ensure that any Waymo confidential information is not being incorporated in Uber Advanced Technologies Group hardware and software."

Related: How Uber and Google went from 'brothers' to enemies

The investigation into potential trade-secret theft began in late 2016 when Waymo accidentally received an email from a supplier containing an attachment that detailed Uber's LiDAR circuit board. Waymo claimed it looked suspiciously like its own design.

LiDAR, or "Light Detection and Ranging," uses pulsating laser beams to measure the distance between objects and can be used to make three-dimensional representations of them. It's crucial to self-driving car development. Waymo alleged that Levandowski took Google trade secrets related to this technology to Uber.

Uber CEO Dara Khosrowshahi said in a statement Friday that the company should have handled the acquisition of Otto, a self-driving truck company founded by Levandowski, differently. Khosrowshahi said Uber does not believe any trade secrets made their way to Uber, however.

"But the prospect that a couple of Waymo employees may have inappropriately solicited others to join Otto, and that they may have potentially left with Google files in their possession, in retrospect, raised some hard questions," he wrote.

Levandowski was expected to testify late Friday or early Monday. The case was likely to go through next week.

Google's parent company Alphabet is now invested in Uber through two different divisions: Waymo and Google Ventures. It also led a $1 billion round in Lyft through CapitalG, another venture capital arm.

New York Coronavirus Cases

County data is updated nightly.

Cases: 2738968

Reported Deaths: 57593
CountyCasesDeaths
Kings35054010976
Queens32740410420
Suffolk2563293692
Nassau2267643335
Bronx2135936810
New York1771674667
Westchester1484542356
Erie1256852060
Monroe982241256
Richmond929811973
Orange62410944
Onondaga59728818
Rockland55617783
Dutchess38083510
Albany34583414
Oneida33390646
Niagara28947419
Broome28368435
Saratoga24878227
Schenectady19437245
Ulster19155292
Rensselaer17502193
Chautauqua15116197
Oswego14282135
Putnam13194101
St. Lawrence12945143
Chemung12916175
Steuben12556191
Ontario11776119
Jefferson11484106
Wayne10346103
Cattaraugus10082159
Cayuga9787113
Sullivan966390
Genesee8711144
Herkimer8394143
Clinton814648
Fulton7890115
Tompkins743161
Madison7412109
Warren737496
Livingston726377
Montgomery7246162
Washington675580
Tioga641373
Cortland611389
Allegany6028122
Columbia5753113
Chenango558796
Orleans556896
Franklin545126
Otsego541163
Wyoming535667
Greene496289
Delaware444352
Lewis424040
Seneca329368
Essex300538
Schoharie272324
Yates200434
Schuyler195420
Hamilton5163
Unassigned1402
Out of NY0340
Utica
Cloudy
48° wxIcon
Hi: 47° Lo: 32°
Feels Like: 45°
Oneonta
Cloudy
48° wxIcon
Hi: 47° Lo: 31°
Feels Like: 44°
Herkimer
Cloudy
48° wxIcon
Hi: 48° Lo: 32°
Feels Like: 45°
Old Forge
Cloudy
48° wxIcon
Hi: 40° Lo: 28°
Feels Like: 45°
WKTV Radar
WKTV Temperatures
WKTV Severe Weather
2022 WKTV Golf Card only $99.99
Game Day Deals - New Deals Each Week
Stuff the Bus Locations
Saluting Those Who Are Proud 2 Serve