Finjan CEO Phil Hartstein. Finjan Holdings
Finjan Holdings, a patent-licensing company operating in the cybersecurity space, won a hefty $39.5 million jury verdict (PDF) on Tuesday, when a San Jose jury found that Blue Coat Systems infringed five of its patents.
The verdict is a major win for Finjan, which has five more lawsuits ongoing against major computer security firms. While the nearly $40 million win is a far cry from the eye-popping $533 million Smartflash v. Apple verdict that came down earlier this year (since thrown out), it’s still definitely on the high side of patent verdicts.
Finjan fired off a spate of lawsuits beginning in 2013, and has sued FireEye, Proofpoint, Sophos, Symantec, and Palo Alto Networks in addition to Blue Coat. All of its cases were filed in the Northern District of California.
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