67 WALL STREET, New York - November 11, 2013 - The Wall Street Transcript has just published its Business and Application Software Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
Topics covered: Cloud Computing Secular Trends - International Enterprise and Consumer Demand - Application Software Consolidation Activity - Cloud Computing and SaaS Trends - Health Care Transition to ICD-10
Companies include: Finjan Holdings, Inc. (FNJN) and many more.
In the following excerpt from the Business and Application Software Report, the President of Finjan Holdings, Inc. (FNJN) discusses company strategy and the outlook for this vital industry:
TWST: In your answer to my first question, you mentioned acquisitions being a part of your strategy. What is your acquisition strategy? If you look toward the next two or three years, what kinds of partnerships or acquisitions will make the most sense for you?
Mr. Hartstein: A near-term focus for us is, as I mentioned, the two-part component is the strategic and financial investment. We are close to finalizing a deal that we're pretty excited about and have been working on for the last six months. This potential investment will really underscore our commitment to being and continuing to be relevant with our technologies and with our patents in cybersecurity market and helping new companies grow.
But down the road, I would say that another near-term goal, one that we would probably push out a few quarters, is growth through acquisition. And what we would be looking for are companies who share a historical story of having built and innovated technologies in markets that, initially, that might have known the eventual direction or the market or really didn't know what their direction was. For example, when we started focusing on cybersecurity in 1997, it really wasn't very well-understood that at some point, 2010 or 2015, it would become a core component to modern network architecture. So what we are looking for is companies that have innovated, have a strong sense of where their intellectual property plays in the marketplace, and for one reason or another haven't yet been able to fully capitalize on the market opportunities themselves.
In that sense, we might consider a strategic investment in those companies and help them continue to grow and run, maybe an outright acquisition where our board, our advisers, our senior management team might be able to facilitate a successful outcome, if you will. I think the term that venture capitalists throw around is orphan technology companies.
TWST: Who do you consider to be your competitors at this point, especially since the company has undergone changes, and what advantages do you believe you have over them?
For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.