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Cisco hit with $70 million in damages for patent fraud

03/23, 7:30pm

Jury finds Cisco owes XpertUniverse $70 million

A jury on Friday evening hit networking technology giant Cisco with a $70 million damages verdict for patent fraud. Reuters reported Friday that the jury found Cisco to have fraudulently obtained technology developed by XpertUniverse. Cisco was also found to have violated two XpertUniverse patents, with an additional $34,000 in damages awarded due to those claims.

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