Finjan CEO, Phil Hartstein, Selected as one of IAM’s Elite IP Deal Makers

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Finjan Finjan CEO, Phil Hartstein, Selected as one of IAM’s Elite IP Deal Makers

Intellectual Asset Management (IAM) recently published their annual list of elite IP deal makers, titled “Meet the world’s elite IP deal makers” IAM November/December 2016. This list was started just two years ago where it featured “the most influential [individuals] in driving the global IP transactions market” from mostly US companies. This year’s list is more comprehensive reflecting the ongoing development and transition of the IP transactions market.

IAM’s premise for the list was found by taking into account that post-Alice and the America Invents Act, U.S. patents now survive in a world of more scrutiny and reduced certainty has impacted not only patent values but also the way deals are carried out. The elite dealmakers featured have achieved transactions despite this shifting and the more challenging patent environment.

IAM listed Finjan Holdings’ CEO, Phil Hartstein as the 25th elite deal maker. During his three-year tenure as CEO, Hartstein has steered the Company with a focus on growth. An unprecedented 90% of the Inter partes review (IPRs) have survived rigorous proceedings before the U.S. Patent and Trademark Office’s (USPTO) Patent Trial and Appeal Board (PTAB). And, at the district court level, Finjan, Inc. was awarded $39.5 million in damages for infringement of five patents by Blue Coat Systems and $15 million in damages for infringement of five patents by Sophos Ltd.

Finjan, Inc. has also achieved success in licensing its patented technology with a recent $10.9 million settlement and licensing agreement with Proofpoint. The company also successfully executed a $10 million series A preferred share financing back in May of 2016.

Finjan’s commitment to its Best Practices back in 2014 where, among other things, the Company prides itself on being transparent and showing leadership as an advocate of IP rights, has contributed to Finjan’s recent success. In his time at Finjan, Phil has been seen as a thought leader playing an active role in the Licensing Executives Society (LES) and the American Intellectual Property Law Association (AIPLA) and speaking on recent panels hosted by the London IP Summit and the upcoming IP Dealmakers in New York.

We are pleased that Phil Hartstein and his work at Finjan Holdings has been recognized as by IAM and we would also like to congratulate the others named to this list for their leadership and accomplishments in the IP sector.

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Finjan Finjan CEO, Phil Hartstein, Selected as one of IAM’s Elite IP Deal Makers
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Finjan CEO, Phil Hartstein, Selected as one of IAM’s Elite IP Deal Makers
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Intellectual Asset Management (IAM) recently published their annual list of elite IP deal makers and Finjan Holdings’ CEO, Phil Hartstein has made the list.
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Finjan Finjan CEO, Phil Hartstein, Selected as one of IAM’s Elite IP Deal Makers