Microsoft to Pay VirnetX $200M
Microsoft said today it will pay VirnetX Holding Corp. $200 million to settle patent infringement cases brought by VirnetX against the Redmond, WA-based software company. VirnetX (NYSE AMEX: VHC), an Internet security firm based in Scotts Valley, CA, filed a lawsuit in 2007 alleging that Microsoft Windows, Office, and other products infringed on two of its patents by including virtual private networking technologies. In March 2010, VirnetX won a first round of litigation and filed another lawsuit, alleging patent infringement in Windows 7 and Windows Server 2008. As part of the overall settlement, Microsoft will take a license to the VirnetX patents.