Apple has paid the $454 million it owes to patent troll VirnetXThey probably just decided it was less hassle...
What you need to know
Apple has paid $454 million to patent troll VirnetX.
The two have been locked in a battle for almost nine years.
The initial bill was closer to $1 billion, but an appeal court voided some $503 million of the ruling.
Patent troll VirnetX has announced that it has received payment of over $450 million from Apple over patent infringements.
In a press release it said:
ZEPHYR COVE, Nev., March 13, 2020 /PRNewswire/ -- VirnetX⢠Holding Corporation (NYSE AMERICAN: VHC), an Internet security software and technology company, announced today that it has received payment of $454,033,859.87, representing the previously announced judgment with interest in the VirnetX Inc. v. Apple case, 6:10-cv-00417 ("Apple I").
Apple's patent spat with the company dates back nearly 9 years. The whole case is a quagmire of different trials and appeals as well as a Supreme court ruling. In a previous statement the company had sa...
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Apple has paid the $454 million it owes to patent troll VirnetX
