Apple lost $ 500 million in the patent war with VirnetX

The company has been fighting with Apple since 2010, accusing them of infringing patents

Apple lost $ 500 million in the patent war with VirnetX

Apple is always in litigation over patents. In her practice there is one remarkable thing that has lasted eight years.

What is known

The court of Texas ordered Apple to pay $ 500 million to the company VirnetX, which does that, which is suing for patents. She has been fighting the "Kupertinovs" since 2010, accusing them of violating patents related to Internet communications. After the victory, VirnetX shares rose 44%, and the company closed at $ 4.10 per share.

Because of what is the cheese

VirnetX said that Apple's FaceTime features, VPN on demand and iMessage violate four patents. Executive director of the office Kendall Larsen said that the company suffered $ 400 million loss due to the sale of Apple devices. Apple's lawyers declined to comment.

Source: Bloomberg

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