AAPL Stock: 118.03 ( -0.85 )

Subscribe to this page now.

Cisco hit with $70 million in damages for patent fraud

03/23, 7:30pm

Jury finds Cisco owes XpertUniverse $70 million

A jury on Friday evening hit networking technology giant Cisco with a $70 million damages verdict for patent fraud. Reuters reported Friday that the jury found Cisco to have fraudulently obtained technology developed by XpertUniverse. Cisco was also found to have violated two XpertUniverse patents, with an additional $34,000 in damages awarded due to those claims.



Connect with Us

FREE Apple, iPhone and Mac Newsletter

  • We will not share your email address with anyone.

    Follow us on Facebook


    Most Popular


    Recent Reviews

    Ultimate Ears Megaboom Bluetooth Speaker

    Ultimate Ears (now owned by Logitech) has found great success in the marketplace with its "Boom" series of Bluetooth speakers, a mod ...

    Kinivo URBN Premium Bluetooth Headphones

    We love music, and we're willing to bet that you do, too. If you're like us, you probably spend a good portion of your time wearing ...

    Jamstik+ MIDI Controller

    For a long time the MIDI world has been dominated by keyboard-inspired controllers. Times are changing however, and we are slowly star ...


    Most Commented