Apple Ordered to Pay VirnetX Over $500M in Patent Dispute Case
Apr. 11, 2018While Apple’s lawyers decline to comment on the matter,Bloombergadds that the Patent Trial and Appeal Board has said that the patents are invalid. It further adds that the Federal Circuit, which deals with all the patent appeals, declined to put the trial on hold, claiming that it was high time a verdict was reached.
It’s worth noting that VirnetX, in an SEC filing, has described its approach to making money by saying that its“portfolio of intellectual property is the foundation our business model.”The company accordingly filed its lawsuit in patent troll-friendly East Texas, a district where patent holders see a higher chance of success in intellectual property disputes.
