Finjan: Patents, Licensing and Litigation Success
Durable Cybersecurity Patent Portfolio
The “behavior-based” approach to virus scanning was pioneered by Finjan and is disclosed in the ‘844 patent’s specification.
- “Comb through records of intellectual property disputes in the cybersecurity market and one name comes up again and again….Finjan Holdings Inc.” – Bloomberg
- “Finjan patents ranked #4 of “patent owners that had their patents challenged in petitions for IPR, CBM or PGR Review in 2015.” – Docket Navigator
- “Sophos was hit by a $15 million infringement verdict in a case brought by publicly traded Finjan Holdings, Inc., The latest development in a litigation campaign that has stretched on for over a decade.” – RPX
- “Finjan shows patent owner can prevail at IPR institution stage” – Practicing Law Institute
- “Finjan Scores 2 USPTO Wins Over Cybersecurity Patents” – Law360
- “USPTO rulings on Finjan patents strengthen cases against Blue Coat Systems and others” – ThePatentInvestor
- “Finjan wins big patent victory as USPTO denies institution on 6 Symantec IPR petitions” – IP Watchdog
Why Do Patents Matter? The Importance of Protecting IP.
Ideas, innovation, and inventions drive progress in all aspects of commercial life. And with the holder of a patent on the bar code process having reportedly received more than $450 million in royalties and judgments since the dawn of this century, it’s not surprising that many enterprises consider a patent portfolio as a business essential.
Formalized legal structures are required to protect an inventor/developer’s right to profit from their creations – and in settling the disputes and ambiguities which may arise in a globalized economy where parallel strands of research and development are now the norm, rather than the exception.
A patent grants an inventor exclusive rights to make, use, or sell their invention in the country issuing it, for a set period of time. Patent protection may be sought for any design, product, or process that meets certain conditions regarding its usefulness, novelty, and the likelihood of not being an obvious solution.
The World Intellectual Property Organization (WIPO) defines intellectual property or IP as “…creations of the mind: inventions, literary and artistic works, and symbols, names, images, and designs used in commerce.” This classification goes on to divide IP into two categories – industrial property and copyright – both of which have commercial value and require protection.
IP covers a broad range which also includes patents and trademarks, and represents an intangible asset which businesses and individuals should protect, for several reasons:
- Exclusive Rights & Market Differentiation: Originators can exclude others from using a protected property, market or license it themselves, and gain a commercial advantage.
- Creating New Revenue Streams: IP owners can sell or license their property, and earn royalties from its sale in other markets.
- Raising Brand Awareness & Market Valuation: A strong patent portfolio can position an enterprise as an attractive prospect for partnership or investment.
- Quality & Brand Assurance: Owning exclusive rights to a property and being its sole distributor assures consumers of brand integrity and product quality.
- Protection Against Theft: Having established rights gives IP owners more legal recourse in the case of infringements and theft – especially if those rights are issued under recognized international jurisdictions.
Intellectual property protection may be extended to a wide range of business interests, including company names and logos. In a fiercely competitive environment, it’s a wise investment.
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