virnetx
Apple Needs to Pay VirnetX $502.8 Million in Royalties Says Jury
The latest jury verdict in their decade-long legal showdown holds Apple liable to paying 502.8 million USD to VirnetX in royalties for the latter’s patented Intellectual Property (IP) in secure communications, reports Bloomberg. VirnetX filed lawsuit after lawsuit against Apple, claiming the tech pioneer infringed upon patents for technologies it originally developed for the U.S. Central […]
US Supreme Court Rejects Apple’s Appeal of $439 Million USD Patent Judgment Against VirnetX
The US Supreme Court today rebuffed Apple's appeal of a $440 million USD judgment in a nine-year-long patent battle against VirnetX. According to a new report from Bloomberg, Apple argued that the $439 million USD judgment from the first of two patent cases was "grossly excessive" and should be tossed because the patents involved were found invalid...
Apple Must Pay VirnetX $302 Million in Damages After Losing Patent Retrial
On Friday a federal jury found that Apple's FaceTime infringed on patents owned by VirnetX, which is a decision that will cost Apple more than $302 million in damages. According to a report from Reuters, the verdict was handed down by Judge Robert Schroeder, who presided over the case in the patent holder-friendly East Texas...
Apple Ordered to Pay $625 Million in VirnetX VPN Patent Dispute
According to a new report from Fortune, Apple was today found guilty of willfully infringing on four patents in an ongoing dispute with VirnetX and has been ordered to pay $625 million in damages. The patents in question relate to virtual private networking (VPN) protocols. In today's ruling, the jury decided that Apple's FaceTime and...
Apple Owes $532 Million for Infringing Patents, VirnetX Claims
VirnetX Holding Corp. claims Apple owes the company $532 million for using its patented technology for communication services such as iMessage and FaceTime, reports Bloomberg. Fact is, the patent troll has already won a $368.2 million verdict against the iPhone maker in 2012, but two years later an appeals court ordered a review of whether the FaceTime...
Apple Wins Appeal in $368M Patent Case, VirnetX Shares Plunge After Ruling
When VirnetX won a $368 million patent trial against Apple over the use of its patents (related to Apple’s FaceTime), the company’s shares spiked. But what goes up, must come down, right? But today, the win for VirnetX was overturned in court as Apple won an appeal, sending the case back to trial, reports the...