A federal jury on Friday calculated Apple owes VirnetX $502.8 million for infringing on the patent holdings company's intellectual property, the latest in a string of verdicts related to the serial filer.
The most recent verdict in Apple's long-running legal war with VirnetX was handed down by a jury hearing the case in the patent holder-friendly U.S. District Court for the Eastern District of Texas.VirnetX is brandishing VPN on Demand IP, claiming Apple's FaceTime protocol infringed on the invention. The firm initially asked for $700 million, while Apple argued a more reasonable royalty rate of 19 cents per unit would produce $113 million, reports Bloomberg. The jury landed on 84 cents per unit, the report said.
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The most recent verdict in Apple's long-running legal war with VirnetX was handed down by a jury hearing the case in the patent holder-friendly U.S. District Court for the Eastern District of Texas.VirnetX is brandishing VPN on Demand IP, claiming Apple's FaceTime protocol infringed on the invention. The firm initially asked for $700 million, while Apple argued a more reasonable royalty rate of 19 cents per unit would produce $113 million, reports Bloomberg. The jury landed on 84 cents per unit, the report said.Read more...
from AppleInsider News https://ift.tt/35ToB1k
Apple ordered to pay VirnetX $503M for infringing patents
![Apple ordered to pay VirnetX $503M for infringing patents]()
Reviewed by Ghaniiero
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octobre 30, 2020
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