Apple and VirnetX have been involved in a legal battle for over eight years now. VirnetX has accused Apple of infringing on its secure communications patents with FaceTime, VPN on Demand and iMessage features in iOS. Over the years, Apple has been ordered to pay $625 million, and $532 million in different trials for patent infringement to VirnetX.
In total, Apple now owes VirnetX almost $950 million in damages, though it is yet to pay the company. Despite Apple continuously losing to VirnetX in patent trials, the company still has a ray of hope as the patents held by VirnetX could be invalidated.
VirnetX is nothing but a patent troll. The company reported revenues of only $1 million+ last year, but its stock has grown by over 70 percent over the last year as investors hope they will eventually score a win over Apple. VirnetX had managed to extract over $223 million from Microsoft for patent infringement using the same patents.
Kendall Larsen , CEO of VirnetX, said the damages, which were based on sales of more than 400 million Apple devices, were “fair.”
“The evidence was clear,” Larsen said after the verdict was announced. “Tell the truth and you don’t have to worry about anything.”
However, the battle is far from over as the Patent Trial and Appeal Board has already said that the patents held by VirnetX are invalid. However, the Federal Circuit went ahead and announced its decision as the case had already gone too far ahead.
The Patent Trial and Appeal Board will be making a final hearing on the validity of the patents held by VirnetX and a negative decision would ultimately nullify all the cases won by the patent troll against Apple.