Microsoft Settles VirnetX VPN Patent Dispute For $200 Million

Posted May 18, 2010

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]