Carbon Black To Pay Finjan $3.9M To End Weeks-Old IP Row
Law360 (April 9, 2018, 6:05 PM EDT) -- Cybersecurity company Carbon Black has agreed to pay $3.9 million in license fees to Finjan Inc., settling patent infringement allegations brought by the latter in California federal court just over two weeks ago, according to a Monday regulatory filing by Finjan.
The cybersecurity rivals reached two deals Friday, one between Finjan and Carbon Black Inc., and a separate agreement between Finjan Mobile Inc. and Carbon Black, resolving all pending litigation matters and ensuring that the companies have freedom to operate under the other's patent portfolio, according to Finjan's Form 8-K filing Thursday with the U.S. Securities and Exchange Commission.
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