Go Symbol Lookup
Loading...

Court Denies Apple's Motion to Cut Damages Against VirnetX

 Text Size  
Published: Wednesday, 27 Feb 2013 | 10:14 AM ET
Getty Images

VirnetX Holding, an internet security software company, said a district court has upheld a previous patent infringement ruling against Apple and denied the iPhone maker's motion to reduce the $368 million in damages.

VirnetX was awarded the damages in November after a federal jury said Apple had infringed the company's patents for virtual-private-network technology to use in Apple's FaceTime video-calling function.

The U.S. District Court for the Eastern District of Texas, Tyler Division, ordered Apple to pay $33,561 in daily interest and $330,201 in daily damages for infringement up to the final judgment, VirnetX said in a statement on Wednesday.

 Print
VirnetX Holding, an internet security software company, said a district court has upheld a previous patent infringement ruling against Apple and denied the iPhone maker's motion to reduce the $368 million in damages.
  Price   Change %Change
AAPL ---
VHC ---

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

Contact Technology

  • Editor of CNBC.com's Tech Section, always plugged in and yet also wireless.

  • Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and author of CNBC.com's "Media Money" blog.

  • Fortt is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau and contributes to "Tech Check" on CNBC.com.