Cisco Must Pay Two BILLION for Patent Infringement – Ep. 21 [Podcast]
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In this episode of Stuff You Should Know About IP, Thomas Colson and Raymond Guarnieri discuss a patent infringement case between Centripetal Networks, Inc. and Cisco. Centripetal was awarded $1.9 billion, plus royalty payments of 10% for the first three years and 5% for the next three years, potentially bringing the total verdict to somewhere between $2.5 billion and $3.5 billion. This lawsuit involved five patents, and four of them were found to have been literally infringed by Cisco. The litigation spanned three years.