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Here’s Why Waymo Was Always Going To Win Its Legal Battle Against Uber

Uber and Waymo have settled  a high-profile lawsuit claiming that Uber may have stolen important information relating to its Lidar technology, which is used in self-driving cars. While the agreement might seem like a neat tie for both companies, Waymo has arguably come out on top. According to the companies, Waymo will get a slim .34% stake in Uber at a $72 billion valuation (strange because its most recent deal valued the company at $45 billion). Though the new equity further ties Alphabet to Uber’s eventual success (Google Ventures has already invested over $300 million in the company), this offering is a meager olive branch. Waymo was originally seeking $2.6 billion in damages and it allegedly refused a more significant investment in Uber, worth $500 million, proposed in an earlier settlement bid. But what Waymo really wanted out of the suit was a strong assurance that Uber would stay away from its intellectual property. As part of this deal, Uber will have to sufficiently verify that it is not using Waymo’s technology in any capacity going forward. Meanwhile, Uber can now assert, “we do not believe that any trade secrets made their way from Waymo to Uber, nor do we believe that Uber has used any of Waymo’s proprietary information in its self-driving technology.” More importantly, the ride-hailing giant gets to move on from this highly distracting public affair that isn’t doing much for its company image. Settling also limits the restrictions Uber may have ultimately had to acquiesce to had a trial proceeded. If Waymo had won, it could have more seriously hampered Uber’s autonomous efforts.

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Here’s Why Waymo Was Always Going To Win Its Legal Battle Against Uber

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