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Patent troll Virnetx loses court battle to Cisco over VPN patent

schneidafunk (795759) writes | about a year and a half ago

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schneidafunk (795759) writes "VirnetX, a patent-licensing firm with 14 employees, has seen its stock price fall precipitously over the last 24 hours or so 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."
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