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VirnetX wins US$625.6mln patent case against Apple

Internet security software group VirnetX Holding reported that a US$625.6mln lawsuit verdict against tech behemoth Apple (NASDAQ:AAPL) had gone in its favour.

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It is the second time a federal jury has found Apple liable for infringing VirnetX's patented technology...

Internet security software group VirnetX Holding  (NYSE: VHC) reported that a US$625.6mln lawsuit verdict against tech behemoth Apple (NASDAQ:AAPL) had gone in its favour.

The case was to do with patent infringement.

It is the second time a federal jury has found Apple liable for infringing VirnetX's patented technology.

The verdict yesterday in the US District Court for the Eastern District of Texas in Tyler includes royalties awarded to VirnetX based on an earlier patent infringement finding against Apple.

The jury found that Apple's modified VPN On Demand, iMessage and FaceTime services infringed VirnetX's patents and that Apple's infringement was willful.

A separate jury previously awarded VirnetX US$368mln in a 2012 trial after finding that Apple's FaceTime video-conference application and its VPN On Demand service infringed four VirnetX patents.

The award later was vacated by the US Court of Appeals for the Federal Circuit, which sent the case back to the district court for a retrial on damages and for Apple's alleged infringement through the FaceTime service under a new claim construction, which the jury decided in today's verdict.

Quick facts: VirnetX

Price: 6.09 USD

NYSEMKT:VHC
Market: NYSEMKT
Market Cap: $419.88 m
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