Apple Pays VirnetX $454 Million for Patent Infringement


Apple has paid VirnetX over $454 million after failing to prove it did not violate patents owned by the company.
VirnetX announced the receipt of funds from Apple today:
VirnetX Holding Corporation, an Internet security software and technology company, announced today that it has received payment of $454,033,859.87, representing the previously announced judgment with interest in the VirnetX Inc. v. Apple case, 6:10-cv-00417 ("Apple I").

Spotlight Deal:
iPad Mini 5 On Sale for $349.99 [Deal]
Share Article:
Facebook, Twitter, LinkedIn, Email, Reddit, Digg, Delicious, StumbleUpon
Follow iClarified:
Facebook, Twitter, LinkedIn, Newsletter, App Store, YouTube

You Might Also Like