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Finjan Forms Product Partnership with Security Company Avira Following $4.9M License Agreement
Publicly traded NPE Finjan Holdings, Inc. has announced a product partnership with German security software provider Avira, the same day that the two companies entered into an apparently separate $4.9M patent license agreement. Under the terms of the partnership, formed on April 21 and revealed in an April 26 press release, Finjan subsidiary Finjan Mobile, Inc. will integrate Avira’s Virtual Private Network (VPN) platform into its own VitalSecurity mobile browser suite. This deal is the first of its kind for Finjan, which continues to wage a decade-long litigation campaign that has seen multiple trials and settlements, and comes as other publicly traded NPEs have signaled that they intend to diversify their activities and move beyond patent assertion alone.
April 28, 2017