Vale Reports $3.8 Billion Q4 Net Loss Amid Nickel Asset Impairment and Samarco Provisions 
Instagram CEO Defends Platform in Youth Mental Health Lawsuit Over Social Media Addiction Claims 
Cloudflare Forecasts Strong Revenue Growth as AI Fuels Cloud Services Demand 
FTC Questions Apple News Over Alleged Bias Against Conservative Media 
Ralph Lauren Unveils Elegant Fall 2026 Women’s Collection Ahead of New York Fashion Week 
Michael Kors Marks 45 Years at New York Fashion Week with Fall/Winter Collection Showcase 
CBA Shares Surge After Record Half-Year Profit as Rate Outlook Improves 
ByteDance Advances AI Chip Development With Samsung Manufacturing Talks 
U.S. Commerce Department Reaches $252 Million Settlement With Applied Materials Over China Exports 
Spirit Airlines Seeks Court Approval to Auction 20 Airbus A320/A321 Aircraft Amid Bankruptcy 
Converse Cuts Corporate Jobs as Nike Restructures to Revive Sales Growth 
More U.S. Investors Join Arbitration Against South Korea Over Coupang Dispute 
Petrobras Posts Record Oil Exports as Production Surge Fuels Global Expansion 
SMIC Shares Slide Despite Strong AI-Driven Earnings as Margin Pressure Looms 
Xiaomi EV Deliveries Surpass 600,000 Units as SU7 and YU7 Drive Strong Growth 
Ancora Holdings Builds $200M Stake in Warner Bros Discovery, Targets Netflix Asset Sale Plan 
AbbVie Sues HHS Over Medicare Price Controls on Botox Under Inflation Reduction Act 
EAST PALO ALTO, Calif. and MILPITAS, Calif., Jan. 02, 2018 -- Finjan Holdings, Inc. (Nasdaq:FNJN) and FireEye, Inc. (NASDAQ:FEYE) today announced they entered into Confidential Patent License Agreements on December 29, 2017, whereby the companies resolved all pending litigation matters and granted each other cross-licenses going forward.
Under the terms of the Agreements, FireEye agreed to pay Finjan a one-time net settlement amount of approximately $12.5 million payable in cash, which consists of $17.5 million payable to Finjan and $5 million receivable from Finjan, in exchange for the following:
- Resolve and settlement of all claims between FireEye and Finjan, and
- Cross-license between the companies, associated affiliates, and counterparts worldwide, for the life of the patents for any issued patents and any patent applications filed on or before the first anniversary of the date of the Agreements.
The remaining terms of the Agreements are confidential.
About Finjan
Established over 20 years ago, Finjan is a globally recognized leader in cybersecurity. Finjan'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. Finjan continues to grow through investments in innovation, strategic acquisitions, and partnerships promoting economic advancement and job creation.
About FireEye, Inc.
FireEye is the intelligence-led security company. Working as a seamless, scalable extension of customer security operations, FireEye offers a single platform that blends innovative security technologies, nation-state grade threat intelligence, and world-renowned Mandiant® consulting. With this approach, FireEye eliminates the complexity and burden of cyber security for organizations struggling to prepare for, prevent, and respond to cyber attacks. FireEye has over 6,300 customers across 67 countries, including more than 40 percent of the Forbes Global 2000.
FireEye and Mandiant are registered trademarks or trademarks of FireEye, Inc. in the United States and other countries. All other brands, products, or service names are or may be trademarks or service marks of their respective owners.
Finjan Investor Contacts:
Vanessa Winter | Director of Investor Relations, Finjan Holdings
Valter Pinto | KCSA Strategic Communications
(650) 282-3245 | [email protected]
FireEye Media Contact:
Dan Wire
FireEye, Inc.
415-895-2101
[email protected]
FireEye Investor Contact:
Kate Patterson
FireEye, Inc.
408-321-4957
[email protected]
