TECH - Cisco Dodges A Legal Bullet: Court Reportedly Rejects Centripetal's Patent Infringement Claims | Benzinga
Cisco Systems, Inc. (NASDAQ: CSCO) has reportedly emerged victorious in a legal battle as a federal judge in Virginia dismissed patent infringement claims made by cybersecurity company Centripetal Networks in a multi-billion-dollar dispute centered on network security technology.
In 2020, U.S. District Judge Henry Morgan, presiding in the same court, had initially granted Centripetal a record $2.75 billion patent damages award against Cisco, marking the largest such award in U.S. history, according to a news report by Reuters.
However, this decision was later reversed by a federal appeals court on ethics grounds, citing the ownership of Cisco stock by Morgan's wife, the report read.
Before announcing ...