Wednesday, February 27, 2013

Reuters: Technology News: Court denies Apple's motion to reduce damages against VirnetX

Reuters: Technology News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Court denies Apple's motion to reduce damages against VirnetX
Feb 27th 2013, 13:48

  • Tweet
  • Share this
  • Email
  • Print
A man walks in front of a company logo outside an Apple store in downtown Shanghai January 24, 2013. . REUTERS/Aly Song

A man walks in front of a company logo outside an Apple store in downtown Shanghai January 24, 2013. .

Credit: Reuters/Aly Song

Wed Feb 27, 2013 8:48am EST

(Reuters) - VirnetX Holding Corp, an internet security software company, said a district court has upheld a previous patent infringement ruling against Apple Inc and denied the iPhone maker's motion to reduce the $368 million in damages.

VirnetX was awarded the damages in November after a federal jury said Apple had infringed the company's patents for virtual-private-network technology to use in Apple's FaceTime video-calling function.

The U.S. District Court for the Eastern District of Texas, Tyler Division, ordered Apple to pay $33,561 in daily interest and $330,201 in daily damages for infringement up to the final judgment, VirnetX said in a statement on Wednesday.

(Reporting by Sayantani Ghosh in Bangalore)

Related Quotes and News

Company

Price

Related News

  • Tweet this
  • Link this
  • Share this
  • Digg this
  • Email
  • Reprints
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/

Comments (0)

Be the first to comment on reuters.com.

Add yours using the box above.


You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.