VirnetX Holding Corporation operates as an Internet security software and technology company with patented technology for secure communications, including 4G long term evolution security. The company’s software and technology solutions, including its Secure Domain Name Registry and GABRIEL Connection Technology, are designed to facilitate secure communications and provide the security platform required by next-generation Internet-based applications, such as instant messaging, or IM, voice over Internet protocol, mobile services, streaming video, file transfer, remote desktop and machine-to-machine (M2M) communications. The company owns approximately 39 U.S. and 66 foreign patents with approximately 75 pending patents applications worldwide. The term of each of its issued U.S. and foreign patents would expire during the period from 2019 to 2024. The company’s patent portfolio is primarily focused on securing real-time communications over the Internet, as well as related services, such as the establishment and maintenance of a secure domain name registry. The company’s patented methods also have additional applications in the key areas of device operating systems and network security for Cloud services, M2M communications in the new initiatives like Smart City, Connected Car and Connected Home that would connect everything from social services and citizen engagement to public safety, transportation and economic development to the Internet to enable more productivity, features and efficiency in its everyday lives. The company’s issued U.S. and foreign patents expire at various times during the period from 2019 to 2024. Some of its issued patents and pending patent applications were acquired by its principal operating subsidiary; VirnetX, Inc., from Leidos, Inc. in 2006 and the company are required to make payments to Leidos, Inc., based on cash or certain other values generated from those patents. The company has executed a number of patent and technology licenses and intend to seek further licensees for its technology, including its GABRIEL Connection Technology to original equipment manufacturers (OEMs), of chips, servers, smart phones, tablets, e-Readers, laptops, net books and other devices, within the IP-telephony, mobility, fixed-mobile convergence and unified communications markets including 4G/long term evolution (LTE) advanced. The company has submitted a declaration with the 3rd Generation Partnership Project (3GPP), identifying a group of its patents and patent applications that the company believe are or may become essential to certain developing specifications in the 3GPP LTE, systems architecture evolution project. The company has agreed to make available a non-exclusive patent license under fair, reasonable and non-discriminatory terms and conditions, with compensation (FRAND), to 3GPP members desiring to implement the technical specifications identified by the company. The company has an ongoing Gabriel Licensing Program under which it offers licenses to its patent portfolio, technology and software, including its secure domain name registry service, to domain infrastructure providers, communication service providers, as well as to system integrators. The company’s Gabriel Connection Technology License is offered to OEM customers who want to adopt the GABRIEL Connection Technology as their solution for establishing secure connections using secure domain names within their products. The company has developed GABRIEL Connection Technology Software Development Kit (SDK) to assist with integration of these techniques into existing software implementations with minimal code changes and include object libraries, sample code, testing and quality assurance tools and the supporting documentation necessary for a customer to implement its technology. Customers who want to develop their own implementation of the VirnetX patented techniques for supporting secure domain names, or other techniques that are covered by its patent portfolio for establishing secure communication links, could purchase a patent license. The company has signed Patent License Agreements with Avaya Inc., Aastra USA, Inc., Mic
virnetx holding corp (VN2:Frankfurt)
308 Dorla Court
Zephyr Cove, NV 89448
The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content.
|No competitor information is available for VN2.|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|
Sponsored Financial Commentaries
To contact VIRNETX HOLDING CORP, please visit www.virnetx.com. Company data is provided by Capital IQ. Please use this form to report any data issues.