Cisco Plans to Appeal $1.9 Billion Cybersecurity Judgment
Cisco Systems plans to appeal $1.9 billion ruling that alleges the networking company infringed four patents owned by Centripetal Networks Inc.
Cisco Systems plans to appeal a $1.9 billion ruling that alleges the networking giant infringed four patents owned by Centripetal Networks Inc.
Centripetal said it developed a network protection system only to see Cisco integrate the inventions into its own networks after meetings and presentations by Centripetal officials, Bloomberg reports.
A judge’s ruling found:
- Cisco owes Centripetal $755.8 million for past use of the inventions.
- That figure was increased by two-and-a-half times after finding that Cisco’s infringement was “willful and egregious.”
- Cisco was also ordered to pay a 10% royalty on sales of some of its products for the next three years, and then 5% in royalties for three years after that.
Cisco said it will appeal to the U.S. Court of Appeals for the Federal Circuit, which specializes in patent law, Bloomberg reports.