M86 Security Acquires Finjan Software for Undisclosed Sum
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f6e1f87b-11e6-4ec6-ade7-d7a4840f39cb&Preview=1 -
Date
11/3/2009 -
Company Name
Finjan Software -
Mailing Address
2025 Gateway Place San Jose, CA 95110 -
Company Description
Finjan is a global provider of best-of-breed web security solutions for businesses and organizations. -
Website
http://www.finjan.com -
Transaction Type
M&A -
Transaction Amount
Undisclosed -
Transaction Round
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Proceeds Purposes
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M&A Terms
Under the terms of the agreement, M86 acquires Finjan’s global operations, products, and technology, which merge into M86 Security effective immediately. The company will maintain a development center and operations in Netanya, Israel. M86 will also merge Finjan’s security labs, Malicious Code Research Center, into M86 Security Labs, forming a comprehensive Email and Web threat research organization. As part of the agreement, M86 Security acquires a license to Finjan’s patents.
