Microsoft Settles VirnetX VPN Patent Dispute For $200 Million
This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry
Microsoft Corporation (NASDAQ:MSFT) has settled with VirnetX Holding Corporation on a patent dispute. Microsoft will pay VirnetX $200 million to license VPN technology from them.
“We are pleased to work with VirnetX to bring these cases to a successful resolution through this settlement,” stated Microsoft deputy general counsel Tom Burt. “We look forward to VirnetX’s continued progress as it develops its technologies.” [TechFlash]