Wired News – Finjan Files Patent Infringement Lawsuit Against Check Point USA and Check Point Israel for Violating One or More Patents

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LONDON, UK / ACCESSWIRE / May 08, 2018 / If you want access to our free research report on Finjan Holdings, Inc. (NASDAQ: FNJN), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=FNJN as the Company's latest news hit the wire. On May 04, 2018, the Company, and its subsidiary Finjan, Inc. (together referred to as "Finjan"), have announced that they have filed a patent infringement lawsuit against Check Point Software Technologies, Inc. (NASDAQ:CHKP) ("Check Point USA") and Check Point Software Technologies Ltd ("Check Point Israel") (together referred to as "Check Point"). Finjan alleges that Check Point had violated at least one or more of its patents and, as a result, it was forced to resort to legal action after it failed to have meaningful licensing discussions with Check Point. Register today and get access to over 1,000 Free Research Reports by joining our site below:

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Details of the Lawsuit

Finjan has alleged that Check Point has infringed on at least one or more of Finjan's US patents. The Company has filed the lawsuit with the US District Court for the Northern District of California on May 03, 2018. The infringed Finjan's US patents include Patent Nos. 6,154,844; 6,965,968; 7,418,731; 7,647,633; 8,079,086; 8,141,154; and 8,677,494 (Asserted Patents).

The Check Point products which allegedly infringe on Finjan's patents include:

• Next Generation Firewalls and Security Gateways for Cloud, Data Center, Midsized Enterprise, Small Business, Consumer, and Home Office;

• CloudGuard products;

• Endpoint Protection products;

• Advanced Threat Prevention products, including with Sandblast technology, for Network Security, Endpoint Protection, and Mobile Threat Prevention;

• ZoneAlarm products;

• Threat Intelligence;

• ThreatCloud;

• Security Management products, including Smart-1 appliances;

• Infinity, including R80.10.

Finjan has appealed to the Court for a preliminary and permanent injunction against Check Point, as well as payments for past damages of at least a ‘reasonable royalty', attorney costs, pre- and post-judgment infringement, and ‘any relief deemed proper by the Court'.

Patent Infringement Cases Filed by Finjan

The current lawsuit against Check Point is not the only patent infringement lawsuit filed by Finjan. The Company 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. in the US Courts. These patent infringement cases are related to over 20 of Finjan's patents.

Finjan had also filed a patent infringement lawsuit against Carbon Black, Inc. in March 2018. According to Finjan, Carbon Black's products and services infringed on at least four of the Company's US patents, and it had appealed to the Court for a preliminary and permanent injunction, royalties, and related damages. The matter was resolved when Finjan and Carbon Black signed a Patent License and Settlement Agreement in early April 2018.

About Check Point Software Technologies, Inc.

Founded in 1993 by Gil Shwed, the Chief Executive Officer (CEO), Tel Aviv, Israel-based Check Point is one of the largest network cyber security vendors worldwide. It is one of the largest pure-play security vendors globally and provides industry-leading solutions to protect customers from all types of cyberattacks. The Company covers the entire gamut of security architecture defending enterprises, from networks to mobile devices as well as the most comprehensive and intuitive security management. The Company secures more than 100,000 businesses and millions of users worldwide. The Company's solutions are sold, integrated, and serviced by a network of thousands of certified partners. The Company's US headquarters is in San Carlos, California, while it has offices in several major cities across the globe.

About Finjan Holdings, Inc.

East Palo Alto, California-based Finjan was founded in 1996, and is a recognized global leader in cybersecurity. The Company's cybersecurity services include IP Licensing, Cybersecurity Consulting Services, Mobile Applications, and Investments in Innovation. The Company's inventions are embedded within a strong portfolio of patents focusing on software and hardware technologies capable of proactively detecting previously unknown and emerging threats on a real-time, behavior-based basis. The Company licenses its intellectual property through its subsidiaries Finjan, Inc, Finjan Mobile, and Finjan Blue.

Stock Performance Snapshot

May 07, 2018 - At Monday's closing bell, Finjan's stock rose 1.35%, ending the trading session at $3.00.

Volume traded for the day: 155.89 thousand shares.

Stock performance in the last month – up 5.26%; previous three-month period – up 68.54%; past twelve-month period – up 74.42%; and year-to-date - up 38.89%

After yesterday's close, Finjan's market cap was at $83.40 million.

Price to Earnings (P/E) ratio was at 4.22.

The stock is part of the Technology sector, categorized under the Application Software industry. This sector was up 0.6% at the end of the session.

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