While Forging Ahead with Litigation in the US and Europe, Finjan Brings in Another Big Licensing Deal

July 6, 2018

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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