Menu
M86 Security buys Finjan

M86 Security buys Finjan

Looking to strengthen its Web security product offerings, M86 Security has acquired most of the assets of Finjan, a seller of Web gateway security appliances.

The deal was overseen by M86 CEO John Vigouroux, who, coincidentally, had been President and CEO of Finjan until April. Terms of the transaction were not disclosed.

Best known for its e-mail- and Web-filtering product,s M86 acquired Finjan in order to offer a richer Web security product, said William Kilmer, M86’s chief marketing officer.

Finjan’s Vital Security gateway analyzes code on Web sites and blocks sites that look to be malicious. That’s a step beyond the URL-based filtering approach taken by M86’s R3000 appliance.

Founded in 1996 as a vendor of a Java and ActiveX security filtering appliances, Finjan operates out of Netanya, Israel.

Kilmer said that M86 will retain about 70 of Finjan’s 100 employees including its well-respected R&D and research labs and sales force.

Finjan isn’t exactly going away, however. Finjan Software will continue to operate in the U.S. as an independent company, and will retain the malware detection technology developed by Finjan, M86 said.

M86 gets a perpetual license of those patents as part of the deal.

With annual revenue of about US$50 million, M86 employed 240 people before the acquisition, Kilmer said.

In March, it acquired behavioral based malware detection vendor Avinti.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Mergers and acquisitionsweb filteringfinjanM86web gateway

Featured

Slideshows

The making of an MSSP: a blueprint for growth in NZ

The making of an MSSP: a blueprint for growth in NZ

Partners are actively building out security practices and services to match, yet remain challenged by a lack of guidance in the market. This exclusive Reseller News Roundtable - in association with Sophos - assessed the making of an MSSP, outlining the blueprint for growth and how partners can differentiate in New Zealand.

The making of an MSSP: a blueprint for growth in NZ
Reseller News Platinum Club celebrates leading partners in 2018

Reseller News Platinum Club celebrates leading partners in 2018

The leading players of the New Zealand channel came together to celebrate a year of achievement at the inaugural Reseller News Platinum Club lunch in Auckland. Following the Reseller News Innovation Awards, Platinum Club provides a platform to showcase the top performing partners and start-ups of the past 12 months, with more than ​​50 organisations in the spotlight.​​​

Reseller News Platinum Club celebrates leading partners in 2018
Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP has honoured its leading partners in New Zealand during 2018, following 12 months of growth through the local channel. Unveiled during the fourth running of the ceremony in Auckland, the awards recognise and celebrate excellence, growth, consistency and engagement of standout Kiwi partners.

Meet the top performing HP partners in NZ
Show Comments