M86 Security Acquires Finjan

Tue Nov 3, 2009 10:00am EST

* Reuters is not responsible for the content in this press release.

Acquisition Adds Enterprise-Class Secure Web Gateway and Hybrid SaaS Solutions
to M86`s Web and Email Products
ORANGE, Calif.--(Business Wire)--
M86 Security, a global provider of Web and messaging security products, today
announced the acquisition of Finjan, a leading provider of secure Web gateway
solutions for the enterprise market. This acquisition adds Finjan`s line of
enterprise-class secure Web gateway and SaaS-based solutions to M86 Security`s
portfolio of Email and Web security solutions and significantly enhances the
company`s malware detection technology. 

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. 

M86 Security was formed by the November 2008 merger of Marshal and 8e6
Technologies. Finjan is the company`s second acquisition in the last six months,
following the March 2009 acquisition of behavioral malware detection company
Avinti, Inc. The acquisition grows M86 Security`s employee base to just more
than 300 employees. 

"We are very pleased to add Finjan`s technology, products, customers and
employees to the M86 team," said John Vigouroux, chief executive officer at M86
Security. "With M86`s complementary Email security and reporting products and
worldwide distribution, we anticipate a broad opportunity for Finjan`s
enterprise-class Web security solutions to existing and new customers." 

Mr. Vigouroux joined M86 in April 2009 from his position as President and CEO of
Finjan. Recently, the company had also hired Werner Thalmeier as vice president
of product management. Thalmeier previously held the same position at Finjan.
"With my own knowledge of Finjan`s business, coupled with Werner`s deep
technical knowledge of the products, we`re confident about our aggressive plan
to integrate its secure Web gateway into the M86 product line," Vigouroux added.


The Finjan acquisition is well-timed for M86 as Web-based threats have increased
dramatically to become the main point of attack. Many organizations are looking
to implement malware protection in addition to existing Web filtering
strategies. 

According to Gartner, "The Web gateway represents the best location not only to
filter inbound threats but also to intercept outbound malware communications,
before vital information is lost. However, fewer than 20 percent of
organizations have implemented malware detection in Web gateways. Implementing a
secure Web gateway is the most effective and economical method to minimize
malware infections." * 

Finjan provides active real-time content inspection and code analysis technology
focused on identifying malware delivered inbound through the Web channel. In
addition, Finjan`s Anti-Crimeware and Anti-Malware protection protects against
Web 2.0-based malware. This technology addresses one of the most important entry
points for malware into the business network and provides effective protection
of Web threats that are not recognized by traditional signature-based
technologies. 

"We are very excited to see Finjan become part of M86 Security," said Gadi
Maier, president and CEO of Finjan Software, Inc. "Finjan is well known for its
advanced malware detection technology and leading secure Web gateway and hybrid
SaaS solutions, Integrating it into M86`s broader Web and messaging product
lines and utilizing its worldwide distribution is a win-win for M86 Security and
Finjan." 

"The acquisition of Finjan supports our strategy to become the recognized leader
in comprehensive inbound and outbound content security," added Vigouroux. "With
their real-time code analysis and our behavior-based malware detection, M86 now
offers industry-leading threat protection technologies on both the Web and
Email, and can provide an effective way to enable these technologies on
appliances, software, or in the cloud." 

About M86 Security

M86 Security is a global provider of Web and messaging security products,
delivering comprehensive protection to more than 20,000 customers and over 16
million users worldwide. As one of the largest independent internet security
companies, we have the expertise, product breadth and technology to protect
organizations from both current and emerging threats. Our appliance, software
and cloud-based solutions leverage real-time threat data to proactively secure
customers` networks from malware and spam; protect their sensitive information;
and maintain employee productivity. The company is based in Orange, California
with international headquarters in London and offices worldwide. For more
information about M86 Security, please visit http://www.m86security.com/. 

* Gartner, Inc. "Top 10 Steps to Avoid Malware Infections" by Peter Firstbrook,
Sept. 8, 2009

Schwartz Communications
Kim Angell or Avi Dines, 415-512-0770
m86security@schwartz-pr.com

Copyright Business Wire 2009

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