In contrast, CrowdStrike is currently worth $41.63 billion, Trend Micro is worth $8.18 billion, while Sophos was sold to private equity firm Thoma Bravo in 2020 for $3.9 billion. Webroot’s valuation has lagged behind its endpoint security rivals, with the company being sold to Carbonite in 2019 for $619 million. The lawsuits were ridiculed on social media Monday, with security researcher Kevin Beaumont writing on Twitter, “Things I learn: Webroot and OpenText are patent trolls against the cybersecurity industry … They’re basically trying to patent the endpoint security industry.” OpenText has been litigious over the past decade, filing 25 suits against everyone from Motorola and Box to Alfresco and Hyland Software. “This type of action is something I would expect from a patent troll, not cybersecurity companies that should be laser-focused on protecting their customers, not suing competitors.” “Legitimate licensing discussions start with a phone call, not a lawsuit,” a CrowdStrike spokesperson told CRN in an emailed statement. The civil complaints against CrowdStrike, Kaspersky, Sophos and Trend Micro were filed by Webroot in the Western District of Texas - a popular destination for patent litigation - with each running well over 100 pages. Perhaps OpenText is struggling with the less-than-successful assets they have acquired over the years, so they need to transform into a patent troll type of company. Trend Micro COO Kevin Simzer told CRN that “desperate times, call for desperate measures.
OpenText intends to vigorously enforce its intellectual property rights.” OpenText said in a statement that it “brings these lawsuits to protect its intellectual property investments and to hold these parties accountable for their infringement and unlawful competition. Sophos declined to comment, while Webroot didn’t immediately respond to requests for comment. “As a result of Defendants’ unlawful competition in this District and elsewhere in the United States, Plaintiffs have lost sales and profits and suffered irreparable harm, including lost market share and goodwill.” “Plaintiffs bring this action to seek damages for and to ultimately stop Defendants’ continued infringement of Plaintiffs’ patents,” Webroot wrote in four separate U.S. The lawsuits come more than two years after Webroot parent Carbonite was acquired by OpenText, who’s also a plaintiff. The Broomfield, Colo.-based subsidiary of OpenText claims that four of its largest competitors have implemented Webroot’s patented technology around network security and endpoint protection into their flagship products and platforms, according to complaints filed March 4. Webroot has accused endpoint security rivals CrowdStrike, Kaspersky, Sophos, and Trend Micro of violating six or seven patents associated with internet security and malware detection.
0 kommentar(er)
