Cisco Systems November 6, 2012

According to Bloomberg, Apple lost a lawsuit against VirnetX in a Texas courtroom late this evening and ordered to pay $368.2 million in damages. VirnetX sued Apple for infringing on its collection of network patents that Apple has been accused of incorporating into products like FaceTime. VirnetX was originally asking for upward of $900 million, but the jury decided on lesser damages this evening. Additionally, the patent holding company has similar cases pending against Cisco and Avaya. VirnetX successfully won $105.75 million from Microsoft in 2010.

expand full story

Cisco Systems May 25, 2012

Submit a Tip


Submitting a tip constitutes permission to publish and syndicate. Please view our tips policy or see all contact options.

Powered by VIP