Everything Apple

Wednesday 13 May 2015

Apple, A123 Systems settling lawsuit over battery engineer poaching

A123 Systems Opens Largest Lithium Ion Automotive Battery Plant In U.S.

Apple and A123 Systems, maker of advanced batteries, submitted a court filing this week saying they are nearing a settlement regarding their engineer poaching lawsuit, reports the Boston Globe. They’ve “reached an agreement, signed a term sheet, and are in the process of drafting a final agreement.”

The lawsuit made headlines earlier this year, when A123 claimed that Apple was hiring away its top scientists and engineers to build a competing battery business. The news broke amidst reports that the Cupertino firm had taken an interest in electric cars, and had begun work on larger battery packs.... Read the rest of this post here


"Apple, A123 Systems settling lawsuit over battery engineer poaching" is an article by iDownloadBlog.com.
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