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Virnetx (VHC) Files Fresh Patent Infringement Suit Against Apple (AAPL)

 November 09, 2012 09:58 AM

(By Balachander) VirnetX Holding Corp. (NYSEAMEX: VHC) has filed a fresh patent infringement suit against Apple Inc. (NASDAQ: AAPL), days after the provider of Internet security software was awarded over $368 million in a similar suit against the technology behemoth.

The accused products include the iPhone 5, iPod Touch 5th Generation, iPad 4th Generation, iPad mini, and the latest Macintosh computers, VirnetX said.

Due to their release dates, these products were not included in the earlier lawsuit that concluded with a Jury verdict on Tuesday.

[Related -Fusion-IO, Inc. (FIO): Can Fusion-IO Q2 Results Cheer Street?]

The new complaint includes allegations of willful patent infringement regarding four patents owned by VirnetX, U.S. Patent Nos. 6,502,135, 7,418,504, 7,921,211 and 7,490,151.

In its complaint, VirnetX said it sought both damages and injunctive relief.

A district judge on November 6 awarded VirnetX over $368 million in a verdict against Apple for infringing four VirnetX patents related to virtual-private-network technology used in Apple's FaceTime video-calling function.

VirnetX's software and technology services, including its secure domain name registry and GABRIEL Connection Technology, are designed to facilitate secure communications for real-time communication applications such as instant messaging, VoIP, smart phones, eReaders and video conferencing.

[Related -Google Inc (GOOG): Why Nest Labs Deal Is A Wakeup Call For Apple Inc.?]

The company's patent portfolio includes 20 U.S. and 26 international patents and over 100 pending applications.

VHC is trading 0.36 percent lower at $36.28 on Friday. The stock has been trading between $18.20 and $41.93 for the past 52 weeks.

Apple shares shed 0.26 percent to trade at $536.10.

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