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VirnetX (VHC +22%) takes off after striking a patent licensing deal with Aastra, a maker of IP...

VirnetX (VHC +22%) takes off after striking a patent licensing deal with Aastra, a maker of IP communications gear for enterprises. The deal puts an end to litigation between the companies, and results in VirnetX receiving a one-time licensing fee and ongoing royalties. The agreement, which comes a week after a favorable Markman ruling, is fueling hopes similar deals will be reached with Cisco, Apple, and NEC.
Comments (2)
  • 12 Million shares out of 54 Million are short @ a 30% cost to borrow. It could take days for shorts to unwind.
    3 May 2012, 02:40 PM Reply Like
  • What does that mean for the share price in the short term? And what happens if another settlement is reached?
    3 May 2012, 07:27 PM Reply Like
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