Wednesday November 07, 2012

Apple Ordered to Pay $368M in Patent Case

The courts have ordered Apple to pay $368 milllion to a patent troll holding firm for patent infringement. You know, there is a "what goes around" joke in here somewhere. wink

A federal jury in Texas on Tuesday ordered Apple to pay patent holding firm VirnetX $368 million in a patent lawsuit. VirnetX also has filed complaints with the U.S. International Trade Commission against Apple, alleging that its iPhone, iPad and Mac products violate the company’s patents. In addition, the company has cases pending against Cisco, Avaya and Siemens, with those cases set for trial in March 2013.