Apple Targeted in New Patent Suit Over VPN on iOS
VirnetX, which derives almost all of its revenue from licensing fees and legal judgments related to its patent portfolio, previously sued Microsoft over similar violations, with the two companies reaching a settlement in May that saw Microsoft pay VirnetX $200 million and license the intellectual property in question. One of the two patents Apple is alleged to have infringed upon is that same as one cited in the Microsoft case.
Wednesday's suit claimed that Apple's iPhone -- all models, including the newest iPhone 4 -- iPod Touch and iPad infringed a pair of VirnetX patents.
One of the two that Apple allegedly infringed -- identified as Patent No. 6,502,135 -- was also one of the pair that VirnetX said Microsoft violated.
The patent cited in both lawsuits, titled "Agile network protocol for secure communications with assured system availability," describes technologies for creating and managing a virtual private networking (VPN) connection.
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VirnetX, which derives almost all of its revenue from licensing fees and legal judgments related to its patent portfolio, previously sued Microsoft over similar violations, with the two companies reaching a settlement in May that saw Microsoft pay VirnetX $200 million and license the intellectual property in question.
Someone opened the cage doors for patent trolls lately.....
Someone opened the cage doors for patent trolls lately.....
They've been flowing for years, but there's been a cluster of 'em recently which have been more widely reported. I feel fortunate that I'll never work for, or come close to working for, these types of patent-chasing companies -- what a way to make a living.
(And I posted a joke about the amount of legal news today, and it got *moderated*? Geez guys, lighten up!)
Maybe you invented the computer? Or a means to store data electronically?
Contact your local lawyer...
Someone opened the cage doors for patent trolls lately.....
Yup, your friendly local congress critter.
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[*]Profitable second quarter 2010 with $200,023,392 in revenues vs. $7,207 in second quarter 2009
[*]Income from operations of $115,101,373 in second quarter 2010 vs. ($3,928,346) in second quarter 2009.
[*]Net income of $81,112,974 in second quarter 2010 vs. ($3,927,102) in second quarter 2009.
[*]Earnings per share of $1.83 in second quarter 2010 vs. ($0.11) in second quarter 2009.
[*]Special dividend of $0.50 per common share declared in second quarter 2010.
[*]Cash flow from operating activities of $76,656,936 for first six months of 2010 vs. (7,330,109) for first six months of 2009.
[*]Cash and cash equivalents of $127,179,912 as of June 30, 2010 vs. $414,735 as of December 31, 2009.
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The patent should be void if you haven't incorporated it into whatever it is you do.
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