Cisco Hit With $24M Verdict In Network Surveillance IP Row
Law360, New York (May 12, 2016, 2:59 PM EDT) -- Cisco Systems Inc. infringed two network surveillance patents owned by SRI International Inc., a Delaware federal jury decided Thursday, ordering the California tech company to pay nearly $24 million in damages.
SRI’s lawsuit had targeted products like Cisco’s so-called Intrusion Prevention System and some services Cisco acquired when it bought Sourcefire Inc. (Credit: AP)
The eight jurors unanimously agreed the San Jose-based Cisco willfully infringed the patents with its network intrusion prevention products and failed to prove the patents were invalid. They decided $23.7 million was a reasonable royalty to compensate the nonprofit research institute for the infringement.
SRI’s patents cover...
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