VirnetX to be paid 440M dollars by Apple

appleinc7VirnetX struck with another case on Apple when despite being found guilty of infringing VirnetX patents and paying $368 million, it did didn’t repurchase the license. On October 16, the US Court ruled that Apple has to pay almost $440 million for the very same patents, used in FaceTime and other iOS apps.

The Court granted all VirnetX’s motions for “willful infringement and enhancing the royalty rate during the willfulness period”. The verdict consists $302.4 million in fines, $41 million in penalties for “willful infringement” and costs for the case, including attorney fees. VirnetX is also owed $1.80 per infringed device, including iPhones, iPads, and Macs.

VirnetX is specialized in patenting technologies for secure LTE communications. Ideally, the company does not manufacture anything; it just owns over 80 Internet security patents and makes money by suing other companies.

The US Patent and Trademark Office ruled all four of the acclaimed patents were invalid. The patent battle continues, but until it is entirely over, Apple is still allowed to use them, as per a report.

(Credits: Chillicious)


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