Welcome to our dedicated page for Virnetx Holding news (Ticker: VHC), a resource for investors and traders seeking the latest updates and insights on Virnetx Holding stock.
VirnetX Holding Corporation (VHC) is a leader in secure communication technologies, specializing in Zero Trust Network Access (ZTNA) and patented encryption solutions. This page serves as the definitive source for official company news, providing investors and industry professionals with timely updates on strategic developments.
Access curated press releases, earnings announcements, and operational updates in one centralized location. Our repository includes details on product innovations, partnerships, and intellectual property milestones, enabling informed analysis of VirnetX's role in cybersecurity and enterprise communications.
Key content categories include quarterly financial results, technology patent updates, secure collaboration platform enhancements, and industry recognition. Bookmark this page for direct access to primary source materials about VHC's contributions to protecting critical digital infrastructure.
VirnetX Holding Corporation (NYSE: VHC) has formed a non-exclusive agreement with WeSecure Inc., aiming to distribute VirnetX cybersecurity products across the U.S., Canada, and the Middle East. This partnership integrates VirnetX's advanced security technologies into WeSecure's offerings, enhancing their cybersecurity infrastructure.
Both companies emphasize the increasing necessity for robust security solutions in response to rising cyber threats. VirnetX's technologies, including the VirnetX One™, War Room™, and VirnetX Matrix™, are positioned to improve organizational cybersecurity postures significantly.
VirnetX Holding Corporation (NYSE: VHC) announced a special cash dividend of $1.00 per common share, to be paid on or about April 17, 2023. Shareholders of record on April 10, 2023 will receive the dividend. The NYSE indicates that shares will trade with 'due-bills' until the payment date, with an ex-dividend date set for April 18, 2023. Investors are advised to consult their brokers regarding these due-bill procedures and to discuss potential tax implications with a tax advisor. VirnetX specializes in secure communications technology, holding over 200 patents globally.
VirnetX Holding Corporation (NYSE: VHC) announced that the United States Court of Appeals for the Federal Circuit upheld the Patent Trial and Appeal Board's decision, declaring claims of U.S. Patent Nos. 6,502,135 and 7,490,151 unpatentable. CEO Kendall Larsen expressed disappointment with the ruling, stating the company may seek further legal recourse. Despite these challenges, VirnetX confirmed that its $1.00 Special Cash Dividend per share remains unaffected by any litigation outcomes.
VirnetX Holding Corporation (NYSE: VHC) has declared a special cash dividend of $1.00 per common share, totaling approximately $71.4 million, to be paid on April 17, 2023. Shareholders on record by April 10, 2023 will receive this dividend, marking a total distribution exceeding $165 million throughout its public history. The company has committed to distribute 80% of future litigation proceeds against Apple Inc., pending the outcome of a significant $500 million damages ruling. Additionally, VirnetX plans to enhance its Board with an independent director to improve diversity.
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