Did You Know Apple Owes $626 Million To VirnetX In Damages After Losing Huge Patent Case

A jury that has ordered Apple to pay $626 million in damages after finding that iMessage, FaceTime and some other Apple software infringed on another company’s patents. Since 2012, VirnetX accused Apple of violating four of its patents, which indeed involves methods for real-time communications over the Internet. Admit that Samsung, HTC and other are not the only culprits, Apple too makes a mess with such violations.

Apple must pay $626 million to patent troll VirnetX
VirnetX (aka VHC) has been labled a “patent troll” because it is a patent holding company and only sells just a single product. With just 14 employees and rents office spacew for $5,000 per month. The company generates revenue by licensing patents to other firms — and by suing businesses that it believes has infringed on its intellectual property. Like what it did with the Cupertino-based company, Apple.

VirnetX although owns about 80 patents, including which of four were the basis of the Apple suit. VirnetX had purchased them from the company called Science Applications International Corporation. In 2012, it found Apple guilty of violating the same patents owned by VirnetX, and the jury ordered the company to pay VernetX $368 million.

Later Apple appealed and won on a technicality after VernetX failed to prove that consumers were buying iPads and other gadgets because of the software that violated VirnetX’s patents. Now that the appeals court vacated the damages, and sent the case back again to the East Texas District Court for a retrail.

Here, Apple Inc. didn’t exactly get of what it hoped for. The new jury found Wednesday that Apple woned even mere to VirnetX because it “villfully” violated the company’s patents and guidlines.

Suddenly! Sahres of VirnetX doubled in premarket trading. Apple has since revised its iMessage, VPN software and FaceTime so that it avoids anythinbg covered by VirnetX’s patents.

However, VirnetX has had a mixed success in its pastr patent cases against Apple. It settled out of cour with Microsoft for $200 million in 2010 and filed another lawsuit against the Redmond-based software company in 2015. But finally the result comes in a ginuine way, lost a patent case ir brougt against Cisco last year.