Jury orders Cisco to pay $70 million in patent case

By Dan Levine and Erin Geiger Smith (Reuters) - Cisco Systems Inc committed fraud against patent licensor XpertUniverse Inc in an intellectual property dispute, a jury found on Friday, ordering the networking company to pay $70 million in damages, according to court filings. The verdict was delivered in a Delaware federal court. "We are surprised and extremely disappointed with the jury's verdict," Cisco said in an emailed statement. The company said it was "confident" its conduct was appropriate and would pursue an appeal if the judge leaves the verdict intact. ...

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