Cisco Systems has been ordered by the District Judge, Henry Coke Morgan in a non-jury trial in the U.S. District Court for the Eastern District of Virginia to pay $1.9 billion for infringing on four patents belonging to cybersecurity startup, Centripetal Networks.
It will be recalled that Centripetal Networks filed a lawsuit in the U.S. District Court for the Eastern District of Virginia against Cisco for patent infringement in February 2018.
In its lawsuit, cybersecurity solutions provider Centripetal Networks alleged that Cisco had incorporated the startup’s network protection technology into its own products within a year of having presented to the networking giant without permission or license.
In the ruling, the judge ruled that Cisco willfully infringed Centripetal Networks’ patents hereby leading to an increase in the $755.8 million allegedly owed by the plaintiff by 2.5 times he said Cisco owed the startup by 2.5 times.
The judge ruled that the defendant must also pay Centripetal Networks a 10 percent royalty on some of its products over the next five years, with that percentage dropping to 5 percent for the subsequent three years.
The case is closed.
Centripetal Networks, Inc. v. Cisco Systems, Inc.
|Judge:||Henry C Morgan, Jr|
|Court:||Virginia Eastern District Court|
|Nature of Suit:||Patent|
|Case Filed:||Feb 13, 2018|
|Case Terminated:||Oct 05, 2020|