Apple is ordered to pay VirnetX a final judgment of $440 million for patent infringement
Today, VirnetX announced that on September 29th, the United States District Court for the Eastern District of Texas, Tyler Division entered a Final Judgment in relation to post-trial motions that were filed after last year's ruling. The court gave VirnetX a clean sweep; all of Apple's motions were denied and all of the Holding' Company's motions were granted. As a result, the royalty rate was increased by 50%, adding $41.2 million to the previous award. Toss in another $96 million in attorney fees and interest, and the Final Judgment against Apple now comes to $439,727,418. That includes the jury verdict, willful infringement, interest, costs and attorney fees.
Apple says that it plans to appeal the verdict.
source: VirnetX via CNET
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