To the utter amazement of the readers, a federal jury has ordered the networking company Cisco to pay $70 million in a case to the patent licensor XpertUniverse. According to the latest update, Cisco had violated a non-disclosure agreement, which was signed between Cisco and XpertUniverse.
To rewind; the New York based company XpertUniverse first brought charges against Cisco in 2009. The XpertUniverse alleged "fraudulent concealment" against Cisco, charging that the company has led to believe that Cisco and XpertUniverse would be partnering for more than six months, while Cisco had already rejected the deal internally.
The jury also found Cisco responsible of infringing on two of the important XpertUnivers’s patents. For that, Cisco has to pay additional $34,000 in compensation to XpertUniverse.
A spokesperson from Cisco said, "We are confident that Cisco's conduct was appropriate throughout our relationship with XpertUniverse. We do not believe the evidence presented at trial supports this verdict, and as a result, there are a number of issues for the judge to consider that will determine whether this verdict remains intact. If necessary, we will pursue an appeal. "
Spokesperson from XpertUniverse said that the company is very happy with the jury judgment.
