What the patents giveth, the patents can taketh away. The Financial Times reports that a Texas jury has awarded Nevada-based software company VirnetX $368 million in damages in its patent suit against Apple (AAPL). According to the FT, “VirnetX claims 45 patents in the US and abroad relating to real-time communications and other security technologies” were allegedly violated by Apple’s FaceTime video chat application. VirnetX, which had previously settled a similar patent suit with Microsoft (MSFT) for $200 million, had initially sought upwards of $700 million in damages. Apple reportedly plans to appeal the jury’s verdict.
Apple hit with $368 million patent verdict over FaceTime tech
Published Nov 7th, 2012 12:50PM EST
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Brad Reed has written about technology for over eight years at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet and the American Prospect. He has a Master's Degree in Business and Economics Journalism from Boston University.
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