Welcome Stranger to OCC!Login | Register

Apple Sued for $365 Million, Loses Lawsuit

Category: Copyright Infringers
Posted: November 7, 2012 01:46PM
Author: EuroFight

Apple has lost a lawsuit filed against it by Connecticut-based internet security company VirnetX. This follows Apple’s recent lawsuit filed against Samsung, with the judge ruling in Apple’s favor losing Samsung $1.05 billion in damages in the US. VirnetX originally filed the patent request in 2010 for almost double the sum eventually paid. The patent concerns the process of using a domain name to set up a virtual private network, or VPN, that Apple uses in many of its products, including FaceTime. VirnetX itself however, is no stranger to the courtroom, having previously been involved in lawsuits concerning other major companies like Cisco, Avaya, and even Microsoft.

Many people will be happy with the ruling, which may be signalling a change in fortune for Apple, a company that, despite being highly controversial recently, has managed to become one of the biggest technology giants in the world. The ruling is unlikely to make a significant dent in Apple’s finances, since $365 million is barely a third of what the firm recovered in its recent court victory over Samsung.



Register as a member to subscribe comments.
Skidmarks on November 7, 2012 02:14PM
Should've been 365 billion they lost.
EuroFight on November 7, 2012 02:26PM
As a matter of fact, I initially typed that before proofreading :lol:
ClayMeow on November 7, 2012 02:51PM
Well although I hate Apple, since I own stock, I'm glad it wasn't billion. lol

This news has comment postings disabled because it is now archived.

© 2001-2014 Overclockers Club ® Privacy Policy

Also part of our network: TalkAndroid, Android Forum, iPhone Informer, Neoseeker, and Used Audio Classifieds

Elapsed: 0.0264401436