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.