Update: District Court Affirms $502.8 Million Jury Verdict in Patent Infringement Dispute Between VirnetX and Apple

    On January 15, 2021, a judge in the U.S. District Court for the Eastern District of Texas affirmed an October 2020 jury verdict in the decade-long patent infringement matter of VirnetX Inc., et al. v. Apple Inc.

    Apple has agreed to pay internet security and software company VirnetX Holding Corporation $502.8 million in pre- and post-trial interest, supplemental damages, and an ongoing royalty rate of $0.84 per infringing iPhone, iPad, and Mac product. The patents in dispute relate to virtual private networks (VPNs).

    Read more at Yahoo Finance

    View a related article: Decade-Long Patent Infringement Dispute Between VirnetX and Apple Ends in $503 Million Verdict

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