They settled for $245 million in Uber stock and Uber denies using Waymo’s technology.
Per Uber CEO Dara Khosrowshahi:
To our friends at Alphabet: we are partners, you are an important investor in Uber, and we share a deep belief in the power of technology to change people’s lives for the better. Of course, we are also competitors. And while we won’t agree on everything going forward, we agree that Uber’s acquisition of Otto could and should have been handled differently.
And hopefully that will be the end of that.