Apple Sued for $365 Million, Loses LawsuitCategory: Copyright Infringers
Posted: November 7, 2012 01:46PM
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.