Apple and A123 Systems reportedly close to finalizing settlement over poaching battery experts

A123 Systems

In the middle of February of this year, it was reported that Apple was being sued by A123 Systems due to poaching battery tech experts.

That specific lawsuit was raised due to Apple reportedly poaching five of A123 Systems’s battery technology experts. Now, according to a new report published by The Boston Globe, the pair of companies are close to finalizing a settlement in the situation. While the initial claim against Apple included violations of noncompete clauses within contracts, as well as unfair competition, it was also noted that Apple’s poaching was due to a need for a new “large scale battery division.”

That rumored battery division is believed to be tied to Apple’s upcoming, and oft-rumored, car. It’s been previously reported that Apple is gearing up to begin the production of its first vehicle in 2020, so development of the vehicle is certainly underway if that’s the case.

This settlement has more than likely been on the table in one fashion or another for quite some time.

[via The Boston Globe]