Digital Times Nigeria
  • Home
  • Telecoms
    • Broadband
  • Business
    • Banking
    • Finance
  • Editorial
    • Opinion
    • Big Story
  • TechExtra
    • Fintech
    • Innovation
  • Interview
  • Media
    • Social
    • Broadcasting
Facebook X (Twitter) Instagram
Trending
  • LG, Golden Penny Partner, To Reward Refrigerator Buyers With Free Food Bundles
  • Anambra Moves To Open Road Project Tracking To Public Through DocTracker
  • PalmPay Reinforces Awareness Of Official Support Channels As Fraud Risks Evolve
  • Democratising Intelligence: How Low-Code AI Is Levelling The Playing Field For Nigerian Mid-Market Firms
  • NITDA DG Urges Shift From Certificate-Based Education To Skills, Innovation
  • GenScanAI: Mary-Brenda Akoda’s Innovation Promises 90% Reduction In MRI Scan Time
  • NITDA Equips Women Educators With Laptops, Enrols 1,135 In Digital Literacy Training
  • Her Startup Opens Applications For Second Cohort, Targets Women Tech Founders
Facebook X (Twitter) Instagram
Digital Times NigeriaDigital Times Nigeria
  • Home
  • Telecoms
    • Broadband
  • Business
    • Banking
    • Finance
  • Editorial
    • Opinion
    • Big Story
  • TechExtra
    • Fintech
    • Innovation
  • Interview
  • Media
    • Social
    • Broadcasting
Digital Times Nigeria
Home » Cisco Fined $1.9 billion In U.S. Patent Lawsuit
Business

Cisco Fined $1.9 billion In U.S. Patent Lawsuit

DigitalTimesNGBy DigitalTimesNG6 October 2020No Comments2 Mins Read10 Views
Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
CISCO 2
Share
Facebook Twitter LinkedIn Pinterest Telegram Email WhatsApp

A U.S. judge on Monday ordered Cisco Systems Inc to pay $1.9 billion to a Virginia company that accused it of copying its cybersecurity patents, reports Reuters.

U.S. District Judge Henry Morgan in Norfolk, Virginia, concluded after a month-long non-jury trial that Cisco infringed four patents belonging to Centripetal Networks Inc, of Herndon, Virginia.

He found no infringement of a fifth patent.

In a 167-page decision, Morgan said the case was “not a close call,” citing inconsistencies in Cisco’s evidence and that its own technical documents, many of which Centripetal itself introduced at trial, “proved Centripetal’s case.”

The payout includes a $1.89 billion award, reflecting $755.8 million in actual damages suffered by privately held Centripetal multiplied by 2.5 to reflect Cisco’s “willful and egregious” conduct, plus prejudgment interest.

“Cisco did not advance any objectively reasonable defenses at trial” as to the four patents, Morgan wrote.

“The infringing functionality was added to their accused products post-June 20, 2017, and resulted in a dramatic increase in sales which Cisco touted in both technical and marketing documents,” he added.

Cisco said it was disappointed with the decision, “given the substantial evidence of non-infringement, invalidity and that Cisco’s innovations predate the patents by many years.”

The San Jose, California-based company plans to appeal to the U.S. Federal Circuit Court of Appeals.

Cisco posted $11.2 billion of net income on $49.3 billion of revenue in its latest fiscal year.

Centripetal was founded in 2009 and focused on using threat intelligence software and firewall hardware to protect cyber networks.

“With this judgment, the court rejected the primitive doctrine that might make right,” Paul Andre, a lawyer for Centripetal, said in a statement. “This is a significant win for all small, innovative companies.”

READ ALSO  Andela Announces Launch Of New Platform To Power The Future Of Customized Work

The case is Centripetal Networks Inc v Cisco Systems Inc, U.S. District Court, Eastern District of Virginia, No. 18-00094.

#$1.9 billion #Fine #Patent Lawsuit #U.S. Cisco
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleCanal+ Increases Stake In MultiChoice Group, Acquires Additional Shareholding
Next Article Google’s Business Software Package, G-Suite Renamed Workspace
DigitalTimesNG
  • X (Twitter)

Comments are closed.

Categories
About
About

Digital Times Nigeria (www.digitaltimesng.com) is an online technology publication of Digital Times Media Services.

Facebook X (Twitter) Instagram
Latest Posts

LG, Golden Penny Partner, To Reward Refrigerator Buyers With Free Food Bundles

16 October 2026

Anambra Moves To Open Road Project Tracking To Public Through DocTracker

15 October 2026

PalmPay Reinforces Awareness Of Official Support Channels As Fraud Risks Evolve

15 October 2026
Popular Posts

Building Explainable AI (XAI) Dashboards For Non-Technical Stakeholders

2 May 2022

Building Ethical AI Starts With People: How Gabriel Ayodele Is Engineering Trust Through Mentorship

8 January 2024

Gabriel Tosin Ayodele: Leading AI-Powered Innovation In Web3

8 November 2022
© 2026 Digital Times NG.
  • Advert Rate
  • Terms of Use
  • Advertisement
  • Private Policy
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.