Cisco Fine for Technology Systems 1,9 | Al Anbaa Newspaper

Cisco Fine for Technology Systems 1,9 | Al Anbaa Newspaper
Cisco Fine for Technology Systems 1,9 | Al Anbaa Newspaper
According to news reports, Henry Morgan, a judge in the US District Court in Norfolk, Virginia, has issued a ruling indicting the American company, Cisco Technology Systems, of violating the patent rights of the company, Centrepital Networks, for cybersecurity solutions, and ordering it to pay 1.9 billion dollars for the losses it caused. .

Cisco was quoted as saying that it will appeal the ruling to the US Court of Appeals, the Federal Circuit.

Reports quoted Judge Morgan as saying that Centrepital Networks owed 775.8 million dollars in return for using its inventions in the past, which he raised by 2.5 percent after finding that what Cisco had done was “intentional and outrageous.”

The ruling also included that Cisco pay 10 percent tax on sales of some of its products over the next three years, and 5 percent for three years after that.

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