VirnetX (VHC) +8.8% after reaching a patent licensing deal with NEC, one of the companies it has...

|About: VirnetX Holding Corporation (VHC)|By:, SA News Editor

VirnetX (VHC) +8.8% after reaching a patent licensing deal with NEC, one of the companies it has been suing. VirnetX will receive a one-time licensing payment, and an ongoing royalty on sales of NEC VoIP gear featuring encryption technology. VirnetX reached deals with Aastra and Mitel, two other litigants, earlier this year. (PR)