| Home : July 02 2013 Computer News : Apple appeals $368 million award to VirnetX in patent case |
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Apple appeals $368 million award to VirnetX in patent case |
July 02, 2013
Apple is appealing a US$368 million award granted to patent holding company VirnetX by a federal court in Texas.The company gave notice Monday that it was appealing the judgement of the U.S. District Court for the Eastern District of Texas, Tyler division in the United States Court of Appeals for the Federal Circuit, according to court records.After a jury trial last year, the Texas court ordered in February that Apple pay $368 million in damages to VirnetX for its infringement of claims relating to four patents, besides pre-judgment interest, post-judgment interest, and post-verdict damages. The court also denied last month a motion by Apple to alter or amend the judgment, including a decision by the court to severe VirnetX's claim for an ongoing royalty into a separate action and order the parties to attempt to negotiate a license for a post-verdict royalty without the court's intervention.To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/2043480/apple-appeals-368-million-award-to-virnetx-in-patent-case.html#tk.rss_all
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