Apple Inc. loses a patent infringement lawsuit against VirnetX
12 April, 2018, 00:48 | Author: Elena Summers
But if that ruling stands, the newest victory will be short-lived.
Shares of VirnetX Holding Corp. surged in the extended session Tuesday after a federal jury in Texas saidApple Inc. must pay the security software company $502.6 million over infringed patents, according to reports late Tuesday. That's because PTAB believes VirnetX's patents are invalid even for cases now in progress.
The dispute has bounced between the district court, patent office and Federal Circuit since 2010. VirnetX claimed that features in Apple'sFaceTime, VPN on Demand, and iMessage infringes upon these patents.
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The battle between VirnetX and Apple has been ongoing for years. While there will nearly certainly be jubilation at the ruling, Apple has a history of appealing. In light of this, VirnetX's market value has risen by 44 percent. Even so, there was still a major difference there, Apple and Samsung both use their patents in products that they make and sell, while VirtnetX focuses on court cases to bring in revenue. Apple then pursued another appeal, but the company lost and has been ordered to pay $439.7 million in damages. Later on, the company was ordered by the district court to pay more than United States dollars 400 million as damages to the patent-holding company VirnetX for copyright violations.
The case is now being reviewed by the Court of Appeals for the Federal Circuit in Washington, which will determine whether or not VirnetX's patents are actually invalid.
The Patent Trial and Appeal Board has ruled the patents invalid, which VirnetX is appealing.
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