9:00 AM - 5:00 PM

Our Hours Mon. - Fri.

310.774.1437

Call Us For Free Consultation

Facebook

Twitter

Cisco Rival Seeks Up To $555M As Security IP Trial Wraps

Tiomkin Law Offices of Elliott Tiomkin > Legal News  > Cisco Rival Seeks Up To $555M As Security IP Trial Wraps

Cisco Rival Seeks Up To $555M As Security IP Trial Wraps

Law360 (June 25, 2020, 6:37 PM EDT) — Centripetal Networks sought up to $555 million at the close of a bench trial Thursday over damages for Cisco’s alleged infringement of its patented network security technology, telling a Virginia federal judge that if infringement is found, Cisco should pay ongoing royalties or be barred from using the technology altogether.

During a trial held via Zoom, Centripetal’s counsel, Paul J. Andre of Kramer Levin Naftalis & Frankel LLP, told U.S. District Judge Henry Coke Morgan Jr. that his client is entitled to between 8% and 10% of Cisco Systems’ switches and routers product sales, which are between $444 million and $555…

Call Now ButtonCall For Free Consultation