Internet security company Finjan has agreed to license selected security patents to Microsoft. Microsoft will also take a small stake in the security company.
The deal sees the Redmond-based company buying a non-exclusive worldwide license for patent covering computer security technology. It will enable the company to use ideas developed by Finjan to improve future security technologies. The terms of the deal were not disclosed.
“We are very pleased with this new cooperation with Microsoft. Both companies believe that innovative measures are required to achieve greater security,” said Asher Polani, CEO, Finjan Software.
“Finjan has done some interesting product innovation in the security space,” said Kenneth Lustig, Managing Director of Intellectual Property Business Development of Microsoft. “We are pleased to have access to this intellectual property as we work to advance the state of security innovation throughout the industry.”