VirnetX Says Apple Paid $454M In Long-Running Patent War

Law360 (March 14, 2020, 6:19 PM EDT) -- Wrapping up one phase of a nearly decadelong patent battle, VirnetX said Friday that Apple had paid it $454 million to resolve infringement allegations related to network security patents, weeks after the U.S. Supreme Court turned down Apple’s appeal.

In a brief statement, VirnetX said it received payment from Apple in the amount of $454,033,859.87. The company told Eastern District of Texas Judge Robert W. Schroeder III earlier this month that the case "is as final as final can be" and that Apple must pay up by March 16.

VirnetX told the court that the parties agreed in 2017 that Apple...

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