updated 06:41 am EST, Wed November 7, 2012
Apple suffers $348 million court room loss to VirnetX in Texas court
Apple has lost a patent dispute with patent troll VirnetX and has been order to pay $368 million in damages, reports AllThingsD. The case stems back to April last year when VirtnetX accused Apple of infringing its US Patent No. 8,05,181 for a "Method for Establishing Secure Communication Link between computers of Virtual Private Network." VirtnetX has also filed a similar complaint with the ITC arguing that Apple's iPhone, iPad and Mac lines also violate its patents.
VirtnetX had already won a similar case against Microsoft and was able to successfully reach a $200 million settlement with the Redmond-based software and hardware giant. In addition to Apple and Microsoft, VirtnetX is also targetting Cisco, Avaya and Siemes with those cases set to go to trial in March next year.
Apple opted not to offer a comment on the ruling, however it is anticipated that it will initiate and appeal against the decision. A visit to the VirtnetX website has not yielded an official statement from the company at the time of writing. The company claims that is an Internet security software and technology company with patented technologies including 4G LTE security.