VirnetX higher after announcing 3 new patent grants

The USPTO has granted VirnetX (VHC +2.9%) 3 patents related to security features found in the 4G LTE-Advanced standard (beginning to be adopted by carriers). VirnetX calls the patents essential to LTE-Advanced, and has declared them as such to standards bodies. (PR)

If the patents are recognized as standards-essential, that should open the door for them to be licensed to 4G hardware vendors under FRAND terms.

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