ZEPHYR COVE, Nev., Oct. 3, 2016  -- VirnetX™ Holding Corporation (NYSE MKT: VHC), an Internet security software and technology company, announced today that on September 31, 2016, a Jury in the United States Court for the Eastern District of Texas, Tyler Division, in the case VirnetX Inc., et al. v. Apple Inc., No. 6:10-cv-00417-RWS ("Apple I"), has awarded VirnetX $302.4 million in a verdict against Apple Corporation for infringing four VirnetX patents, marking the third time a federal jury has found Apple liable for infringing VirnetX's patented technology.

 

The verdict includes royalties awarded to VirnetX, for unresolved issues in the Apple I case, remanded back from the United States Court of Appeals for the Federal Circuit ("USCAFC"), related to (1) damages owed to VirnetX for infringement by Apple's original VPN-on-Demand (VOD) and (2) the alleged infringement by Apple's original FaceTime product, under the new claim construction of "secure communication link" pertaining to the '504 and '211 patents by the USCAFC, and the damages associated with that infringement.

CAMPBELL, CA-- Sep 27, 2016) - Inventergy Global, Inc. ( NASDAQ :INVT ), ("Inventergy") an intellectual property licensing company, announced today that Pabellon, Inc. ("Pabellon"), one of the new partners of Inventergy Innovations, LLC, Inventergy's recently launched subsidiary, is currently engaged with a Fortune 100 company to create a proof of concept (POC) to demonstrate its breakthrough Surface Plane Magnetic Technology™ to continuously charge remote internet devices. The power, sent via Pabellon's surface plane magnetics will be extracted by miniaturized, patented Pabellon receivers mounted on sensory devices. Power is delivered to remote sensing devices and return path data is extracted from these devices to create "smart" sensing environments for many applications.

 

As part of the engagement, Pabellon plans to demonstrate power, data and sensory applications, which are enabled using Pabellon's surface plane magnetic technology. Importantly, data can be transmitted via secure modulation techniques using Pabellon's technology. Miniaturized receivers can also sense disturbances for security applications.

BEIJING, Sept. 23, 2016  -- Gridsum Holding Inc. (“Gridsum” or the “Company”) (GSUM), a leading provider of sophisticated data analysis software in China, today announced that its initial public offering of 6,700,000 American depositary shares (“ADSs”) was priced at US$13.00 per ADS, with a total offering size of US$87.1 million, assuming no exercise by the underwriters of their option to purchase additional ADSs. Each ADS represents one Class B ordinary share of the Company. The ADSs are expected to begin trading on the NASDAQ Global Select Market on September 23, 2016 under the symbol “GSUM.”

 

The Company has granted the underwriters a 30-day option to purchase up to an additional 1,005,000 ADSs at the initial public offering price, less the underwriting discounts and commission.

BELLEVUE, Wash., Sept. 22, 2016  -- Apptio, Inc. (APTI), the leading provider of cloud-based Technology Business Management (TBM) software, today announced the pricing of its initial public offering of 6,000,000 shares of Class A common stock at a price to the public of $16.00 per share. In addition, Apptio has granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of Class A common stock at the initial public offering price. Apptio's Class A common stock is expected to begin trading on the NASDAQ Global Market under the symbol "APTI" on September 23, 2016. The offering is expected to close on September 28, 2016, subject to customary closing conditions.

 

Goldman, Sachs & Co., J.P. Morgan Securities LLC and BofA Merrill Lynch are acting as joint lead bookrunners for the offering, while Barclays Capital Inc., Jefferies LLC, RBC Capital Markets, LLC and Pacific Crest Securities, a division of KeyBanc Capital Markets Inc., are acting as bookrunners.