Slashdot Mirror

← Back to Stories (view on slashdot.org)

Virnetx Loses Court Battle To Cisco Over VPN Patent

Posted by ryuzaki0 on from the better-luck-next-time dept.

schneidafunk writes "VirnetX, a patent-licensing firm with 14 employees, has seen its stock price fall after it lost a major patent trial in Texas on Thursday. A jury there ruled that Cisco did not infringe VirnetX's patents on virtual private networks (VPNs), and that the networking giant didn't have to pay $258 million in damages."

3 of 53 comments (clear)

  1. Awwww.... by Dexter+Herbivore · · Score: 4, Insightful

    Poor patent troll. I'd like to see more losses like this for these parasites.

  2. Re:Publically traded? by Dexter+Herbivore · · Score: 4, Insightful

    No doubt it'll be structured that way to avoid liability for whatever parent group owns them. A nice little sock puppet to take all the risk and pass any reward on to the limited shareholding.

  3. Half the battle by Anonymous+Psychopath · · Score: 4, Insightful

    It's a good thing when companies with deep pockets stand up patent trolls and win, but I worry that they'll just move to smaller, softer targets who can't afford to fight. Even after widely-publicized losses like this we'll continue to suffer from patent trolls until we have some meaningful legal reforms.

    --

    Eagles may soar, but weasels don't get sucked into jet engines.