Symantec pays $62.5m to settle patent lawsuit
Symantec yesterday paid $62.5 million to settle a long-running patent lawsuit with Michigan-based security firm Hilgraeve.
As part of the settlement for a patent involving in-transit scanning for malicious code (US Patent Number 5,319,776), Symantec also received licences to the remaining patents in Hilgraeve's portfolio, including patents related to data communications.
John W Thompson, Symantec chairman and CEO, said in a statement: "In-transit scanning of multiple security signatures is a must-have component of an effective security solution and by purchasing this patent we are making sure that Symantec's products, technologies and customers are protected today and in the future."
