Replies to post #17151 on Finjan Holdings Inc (FNJN)

[Paullee]

one small win for the good guys

Finjan and FireEye Enter Patent License Agreements
GlobeNewswire•January 2, 2018

EAST PALO ALTO, Calif. and MILPITAS, Calif., Jan. 02, 2018 (GLOBE NEWSWIRE) -- Finjan Holdings, Inc. (FNJN) and FireEye, Inc. (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.