$12.5m patent deal between Finjan and FireEye

Cybersecurity licensing company Finjan Holdings and FireEye, Inc. announced they entered into confidential patent license agreements whereby the companies resolved all pending litigation matters and granted each other cross-licenses going forward.

Under the terms of the agreements, FireEye agreed to pay Finjan a one-time settlement of $12.5 million payable in cash “which consists of $17.5 million payable to Finjan and $5 million receivable from Finjan.”