Tag Archives: VirnetX Apple patent suit

After beating Microsoft, VirnetX hits Apple with patent suit

We expect to derive the majority of our revenue from license fees and royalties associated with these patents,” VirnetX plainly states on its Web site.

It hasn’t done badly. On Monday, the company announced second-quarter revenues of $200 million, up nearly 28,000-fold from the $7,200 it earned in the same quarter in 2009. Continue reading

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