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Intellectual Property

Nov. 8, 2012

Apple hit with $368 million patent infringement verdict

Scotts Valley-based VirnetX Holding Corp. kept up its patent litigation winning streak against technology giants, persuading a jury to award it $368.2 million in damages from Apple Inc. following a large settlement with Microsoft Corp.


By Rachel Swan


Daily Journal Staff Writer


Scotts Valley-based VirnetX Holding Corp. kept up its patent litigation winning streak against technology giants, persuading a jury to award it $368.2 million in damages from Apple Inc. following a large settlement with Microsoft Corp. two years ago.


An Eastern District of Texas jury ruled in the company's favor on Tuesday. In 2010, Microsoft agreed to pay $200 million to settle infringement claim...

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