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Finjan Holdings files third patent infrigement suit against Blue Coat Systems

Oct. 18, 2016 9:20 AM ETGen Digital Inc. (GEN) StockBy: Eric McCaffrey, SA News Editor
  • In Germany, against Blue Coat Systems' subsidiary (SYMC), Blue Coat Systems GmbH.
  • Finjan Holdings president and CEO Phil Hartstein: "The impetus for our third suit against Blue Coat and its subsidiary, Blue Coat GmbH, is that we believe that they continue to infringe other patents in our portfolio, including Finjan's European patent, even after we obtained a $39.5M jury verdict and judgment against Blue Coat for infringement last August. As for all who are granted valuable patent rights, we have essentially two options when dealing with an unwilling licensee -- seek the courts' assistance to enforce our patents on the merits, or abandon those patent rights. For Finjan, the latter is simply not an option."
  • Further suits filed by Finjan Holdings (FNJN) against FireEye, Symantec, Palo Alto Networks and ESET and affiliates are also pending.

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