On Monday, a District Judge in the US state of Virginia had ruled that the San Jose, California-headquartered leading American multinational networking hardware company Cisco Systems had infringed at least four cybersecurity patents, while the San Francisco-based 36-year-old hardware networking giant had been ordered to pay off an upsum of $1.9 billion to a Herndon, Virginia-based networking company Centripetal Networks in punitive measures.
In point of fact, according to the 167-page court ruling, the US District Judge Henry Morgan in Norfolk, Virginia had concluded following a monthlong non-jury trial that the Cisco Systems had copied at least four patents which originally belonged to Centripetal Networks, while the Norfolk District judge Morgan was also quoted saying that the case ”was not a close call” citing a cascade of conflicting evidences delivered by the leading American hardware networking company.
Besides, scrutinizing Cisco’s own technical documents that lacked consistency, Morgan added at his verdict that Centripetal had successfully introduced many patent documents in the court which Cisco Systems could not provide.
Cisco ordered to pay off $1.89 billion to Centripetal
Meanwhile, Morgan’s decision had also concluded that the monetary penalties would award at least $1.89 billion to the Virginia-based networking company, while the Norfolk District Court had ordered Cisco Systems to lay off an upsum of two and a half folds of the original damage of $755.8 million in order to settle its “wilful and egregious” misconducts adding “Cisco did not advance any objectively reasonable defences at trial” as to the four patents.
” Notably, while the court had also alleged that Cisco’s patent infringement functionality had led to a histrionic upswing at its sales after June 20, 2017, which the American hardware networking giant had touted as a progress in both technical and marketing area, citing sheer disappointment over the court decision, Cisco said followed by the ruling, “Given the substantial evidence of non-infringement, invalidity and that Cisco’s innovations predate the patents by many years.
” Besides, Cisco systems, which reported a net earning of $11.2 billion in the previous fiscal year that ends on September 30, has been planning to appeal in the US Federal Circuit Court of Appeals against Monday’s lower court decision.