FutureFive NZ - Apple loses $368.2m patent lawsuit

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Apple loses $368.2m patent lawsuit

Apple has been ordered to pay US$368.2m damages to VirnetX after a high court ruling in Texas.

The tech giant lost the lawsuit to the patent holding company after claims their iPhone, iPad and Mac products violate the company's patents were proved true.

After originally seeking $900m damages, the court ruled for a lesser amount late in the day with the company still having cases pending against Cisco, Avaya and Siemens.

VirnetX, who won a lawsuit against Microsoft in 2010, has also filed complaints with the U.S. International Trade Commission over alleged infringements relating to their collection of network patents.

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