Cisco should pay $258m for using patented technology

flickr.com | photo credit kaoticsnow 

VirnetX demanded Cisco to pay $258 million for infringing patents of secure private communications technology and they won, Bloomberg reported.

The VirnetX said that Cisco used their patented technology in 2005 and they made more than $1 billion of revenue. Cisco denied this infringing issue and John Desmarais who is representing Cisco said that “VirnetX did not invent secure communication over the Internet,” “uses industry standard parts” and doesn’t violate VirnetX’s patent rights, to Bloomberg.

VirnetX recently won a $368m verdict against Apple over same technology.

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