A second patent infringement suit between Finjan Inc. and Blue Coat Systems Inc. has been called off this week, over cybersecurity technology. The trial was scheduled to begin on Monday 12th February but Finjan announced in a press release that Finjan and Symantec Corp (Blue Coat’s parent company) entered into a confidential agreement.
“Finjan expects that a definitive agreement will be finalized by no later than Feb. 28, 2018,” the release states.
Finjan was seeking $46 million in the latest trial, alleging that new Blue Coat products infringed two Finjan patents, including one that was issued in the previous trial. Finjan suggested in its press release that it will now be setting its sights elsewhere. The company noted that it has pending infringement actions against Palo Alto Networks, Cisco Systems Inc., Juniper Networks and several others.
Finjan is represented by a Kramer Levin Naftalis & Frankel trial team led by partners Paul Andre, Lisa Kobialka and James Hannah. Blue Coat’s trial team included Durie Tangri partner Daralyn Durie, Morrison & Foerster partner Stefani Shanberg and Quinn Emanuel Urquhart & Sullivan’s Nathan Hamstra.