Finjan and Carbon Black Enter Patent License Agreement

Cyber Security Investing

Finjan Holdings (NASDAQ:FNJN), a cybersecurity company and its subsidiary Finjan announced that they have entered into a confidential patent license and settlement agreement with Carbon Black. It was also announced that the companies have resolved all pending litigation matters. Further, Finjan Mobile and Carbon Black entered into a separate confidential patent cross license agreement which …

Finjan Holdings (NASDAQ:FNJN), a cybersecurity company and its subsidiary Finjan announced that they have entered into a confidential patent license and settlement agreement with Carbon Black. It was also announced that the companies have resolved all pending litigation matters. Further, Finjan Mobile and Carbon Black entered into a separate confidential patent cross license agreement which serves to ensure the parties’ freedom to operate under the other’s patent portfolio.

As quoted in the press release:

“Following our most recent resolution of the Symantec and Blue Coat litigations, our agreements with Carbon Black to kick off the second quarter, highlights our ability to close transactions at a meaningful cadence, further confirming the value and durability of the Finjan, Inc. patent portfolio.” Commented Julie Mar-Spinola, CIPO and VP, Legal Operations for Finjan Holdings, Inc.

Finjan also has pending infringement lawsuits against Palo Alto Networks, ESET and its affiliates, Cisco Systems, Inc., Sonicwall, Inc., Bitdefender and its affiliates, Juniper Networks and Zscaler, Inc. relating to, collectively, more than 20 patents in the Finjan portfolio. The court dockets for the foregoing cases are publicly available on the Public Access to Court Electronic Records (PACER) website, www.pacer.gov, which is operated by the Administrative Office of the U.S. Courts

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