While Forging Ahead with Litigation in the US and Europe, Finjan Brings in Another Big Licensing Deal
Finjan Holdings, Inc. ended the second quarter of 2018 with yet another multi-million dollar deal, this one with Trend Micro. Under an agreement effective June 29, Trend Micro will obtain a license to Finjan’s cybersecurity patent portfolio for $13.4M. Trend Micro—which was sued in May by CUPP CyberSecurity LLC (an entity apparently unrelated to Finjan) over patents naming Finjan’s founder as inventor—has also agreed to transfer “select security-related patent assets” to Finjan. This appears to be the third large deal closed by Finjan this year: Earlier in Q2, cybersecurity company Carbon Black announced that it had entered into a patent license and settlement agreement with Finjan for $3.9M. In late February, Finjan signed a deal with Symantec for up to $110M.
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