Cisco walloped with $1.9 billion demand Copied tech and shut the inventor out of government contracts Cisco has been hit with a massive $1.9 billion patent-infringement bill after it apparently nicked Centripetal Networks technology to shut the outfit out of lucrative government contracts. A Virginia court decided that Cisco infringed four patents and since the infringement was "willful and egregious", the judge multiplied the $756 million owed by 2.5 to a total fine of $1,889,521,362.50. We are not sure what Centripetal will do with the extra 50 cents. With interest, Cisco faces a hefty $1,903,239,287.50 bill "payable in a lump sum due on the judgment date", the court said. The four patents are: US 9,203,806, 9,560,176, 9,686,193, and 9,917,856. https://fudzilla.com/news/51659-cisc...ringement-bill |
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