NEWS

Finjan Legal Win May Be Worth Millions; The security technology company won an intellectual property decision in the US.

Globes
March 17, 2008
By Shmulik Shelah

Israeli web security company Finjan Software Inc. has won a significant legal battle in the US after a jury in the US District Court of Delaware found in its favor in a lawsuit first filed in 2006. The jury found that Finjan's US rival Secure Computing Corp. (Nasdaq: SCUR), infringed three patents that Finjan registered over the past decade.

The ruling could earn Finjan tens of millions of dollars in compensation, after the jury awarded it damages on past sales of the alleged products at a royalty rate of 16% of sales of Secure Computing's Webwasher anti virus software, 8% of sales of its Webwasher appliance and 8% of sales of its CyberGuard TSP appliance.