FINJAN HOLDINGS, INC. (NASDAQ:MIME) Files An 8-K Other Events
Item 8.01. Other Events.
subsidiary of Finjan Holdings, Inc. (the Company), closed a
Confidential Patent License Agreement (the License Agreement)
with F5 Networks, Inc. (F5), dated December 28, 2016. to the
License Agreement, F5 will obtain a license to the Finjan patent
portfolio and pay a license fee of $4.0 million in cash, which
Finjan received on December 30, 2016. Such license does not grant
F5 any right to transfer, sublicense or grant any rights under
the License Agreement to a third party except as specifically
provided under the License Agreement. Such license also has
certain provisions relating to certain unlicensed products of any
company that acquires F5, or is acquired by F5 or its affiliates,
in which case additional royalties of 8%, or license fees,
respectively, may apply.>The specific terms of the>License
Agreement are confidential.
Finjan filed a Dismissal with Prejudice of its complaint against
F5, in Case No. 3:16-cv-06955-JCS.>
matters discussed above is attached hereto as Exhibit 99.1 and is
incorporated herein by reference. The information in the press
release shall not be deemed filed for purposes of Section 18 of
the Securities Exchange Act of 1934, as amended (the Exchange
Act) or otherwise subject to the liabilities of that section,
unless the Company specifically states that the information is to
be considered filed under the Exchange Act or incorporates it by
reference into a filing under the Securities Act of 1933, as
amended, or the Exchange Act.
Press Release, dated January 3, 2017, entitled Finjan
Signs Licensing Agreement with F5 Networks Finjan
closes a record year with more than $18M in revenue and
$13M in cash.
About FINJAN HOLDINGS, INC. (NASDAQ:MIME)
Mimecast Limited is a provider of cloud security and risk management services for corporate information and e-mail. The Company’s suite of cloud services protects customers from the business and data security risks. It also mitigates the business disruption that e-mail failure or downtime causes. In addition, its archiving services secure, store and manage critical corporate communications and information to address the compliance and e-discovery requirements. It has developed its cloud architecture to offer customers e-mail security, continuity and archiving capabilities in a single service. It has developed an operating system (OS) called Mime OS for native cloud services. It protects inbound and outbound e-mail from malware, spam, threats, e-mail denial of service (DoS) and distributed denial of service (DDoS), data leaks and other security threats. It also offers service bundles, and Mimecast mobile and desktop applications. FINJAN HOLDINGS, INC. (NASDAQ:MIME) Recent Trading Information
FINJAN HOLDINGS, INC. (NASDAQ:MIME) closed its last trading session 00.00 at 17.90 with 274,393 shares trading hands.