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Intellectual Property

May 18, 2010

Microsoft, VirnetX Settle for $200M

Microsoft Corp. agreed Monday to pay Scotts-Valley based VirnetX Holding Co. $200 million to settle lawsuits over the Redmond, Wa.-based technology giant's patent infringement.

By Craig Anderson

Daily Journal Staff Writer

Microsoft Corp. agreed Monday to pay Scotts Valley-based VirnetX Holding Co. $200 million to settle lawsuits over the Redmond, Wa.-based technology giant's infringement of the smaller company's patents on establishing virtual privacy networks over the Internet.

The agreement follows an Eastern District of Texas jury verdict in March that found Microsoft liable for infringing ...

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