The settlement announcement was made just before the fifth day of testimony was about to begin at a jury trial in San Francisco federal court.
Uber agreed to pay equity valued at about $245 million as part of the deal between the rival technology companies, a Waymo representative said.
The settlement also includes an agreement "to ensure that any Waymo confidential information is not being incorporated inUber Advanced Technologies Group hardware and software," a Waymo representative said.
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