Share this article
Share this article
ZEPHYR COVE, Nev., Jan. 21, 2021 /PRNewswire/ VirnetX™ Holding Corporation (NYSE: VHC), an Internet security software and technology company, announced today that jt has submitted an Agreed Bill of Costs and Prejudgement Interest in the amount of $75,701,763.18 in connection with the previously announced $502,848,847 jury verdict against Apple in
VirnetX Inc., et al. v. Apple Inc., No. 6:12-CV-00855. With the addition of these costs and prejudgement interest, the final judgment in VirnetX s favor for Apple infringing devices sold in the U.S. now totals $578,550,610. Post-trial interest, supplemental damages and the total amount of the $0.84 ongoing royalty per infringing Apple device have yet to be determined.
Share this article
Share this article
ZEPHYR COVE, Nev., Jan. 15, 2021 /PRNewswire/ VirnetX™ Holding Corporation (NYSE: VHC)(the Company ), an Internet security software and technology company, announced today that the United States District Court for the Eastern District of Texas, Tyler Division (the District Court ), entered a Final Judgment and issued its Memorandum Opinion and Order ( Order ) regarding post-trial motions resulting from the prior $502.8 million jury verdict ( Verdict ) for VirnetX in the ongoing patent infringement action between VirnetX Inc. ( VirnetX ) and Apple Inc. ( Apple ).
In the Order, the District Court affirmed the jury s verdict of $502.8 million and granted VirnetX s motions for pre-trial and post-trial interest, supplemental damages, costs, and ongoing royalty of a rate set at $0.84 per infringing iPhone, iPad and Mac products.
VirnetX Hires Chief Operating Officer for Japan Licensing
News provided by
Share this article
Share this article
ZEPHYR COVE, Nev., Jan. 11, 2021 /PRNewswire/ VirnetX™ Holding Corporation (USNYSE: VHC), an Internet security software and technology company, announced today that it has hired Darl McBride as Chief Operating Officer (COO) for its Japanese subsidiary, VirnetX KK, reporting to VirnetX CEO and President, Kendall Larsen. McBride will further VirnetX s technology licensing efforts in Japan including working with IP Dream, a Japanese based strategic technology distributor and service provider.
Previously, McBride headed up Novell s dramatic growth in Japan by partnering with Masa Son, founder and CEO of Softbank and Kazuya Watanabe (former NEC PC President.) Together, they built a joint venture between Novell and Softbank that turned into a billion-dollar company and Novell s largest profit center outside of the Americas. McBride speaks fluent Japanese and has liv