Cybersecurity Firm Finjan (FNJN) Files Complaint Against Qualys (QLYS) for Patent Infringement!
Established over 20 years ago, Palo Alto-based, Finjan (Nasdaq: FNJN) 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.
Today, Finjan announced that — after three years of “good faith efforts” to resolve a patent dispute with Qualys, Inc. ( “Qualys”) (NasdaqGM: QLYS) — its subsidiary Finjan, Inc. (“Finjan”) has filed a patent infringement lawsuit against Qualys, a Delaware corporation with headquarters in Foster City, California, in the U.S. District Court for the Northern District of California.
Finjan filed the Complaint (Case No. 3:18-cv-07229), on November 29, 2018, and alleges that Qualys’ products and services infringed and are continuing to infringe at least seven of Finjan’s U.S. patents. Specifically, Finjan asserts that Qualys’ Malware Detection Systems (MDS), Web Application Firewall (WAF), Web Application Scanner (WAS), and Vulnerability (VM) solutions, including Qualys Cloud Platform products, infringe U.S. Patent Nos. 6,154,844; 6,965,968; 7,418,731; 7,975,305; 8,141,154; 8,225,408; and 8,677,494 (collectively “the Asserted Patents”). Finjan is seeking, among other things, a jury trial, past damages not less than a reasonable royalty, enhanced damages for willful, wanton and deliberate infringement, and reasonable attorneys’ fees and costs for infringement of each of the Asserted Patents. Additionally, Finjan is seeking preliminary and permanent injunctive relief against Qualys and those in privity with them, from infringing and inducing the infringement of the ‘968, ‘731, ‘305, ‘154, and ‘408 Patents.
Finjan has pending infringement lawsuits and appeals against Palo Alto Networks (PANW); ESET and its affiliates; Cisco Systems, Inc. (CSCO); SonicWall, Inc.; Bitdefender and its affiliates; Juniper Networks; Zscaler, Inc.; Check Point (CHKP) and its affiliates; Rapid7, Inc. and Fortinet, Inc. (FTNT) relating to, collectively, more than 20 patents in the Finjan portfolio. The court dockets for the foregoing cases are publicly available on the Public Access to Court Electronic Records (PACER) website, www.pacer.gov, which is operated by the Administrative Office of the U.S. Courts.
Finjan won a significant settlement against Symantec (SYMC) earlier in 2018 where one of SYMC’s units have agreed to pay $65 million with a possibility of up to $45 million more.