Businesses in Illinois and Michigan who must carefully guard their intellectual property know that this may take many forms at different times. In fact, it is even possible that at times what appears to be a dispute over an intellectual property infringement may actually be just a tactic to another outcome. An example of this can be seen in a lawsuit that has recently been filed by a software app company.
Reports indicate that the Match Group owns multiple dating and social connection apps, one of which is Tinder. Bumble is currently a competitor with which Match Group was said to have been discussing a buyout so that Bumble would become part of the Match portfolio. Talks about a takeover or acquisition were said to have ended after Bumble reportedly refused a $450 million purchase price offer from Match.
Now Match has filed legal action against Bumble insisting that Bumble has infringed on two different Match patents for its Tinder app. It is unclear at this time what Bumble’s response to the allegations are or will be. However, what is known is that if Bumble were to change its stance on the purchase and become part of the Match family, the patent infringement action would end.
Clearly the world of intellectual property protections is complex. When faced with questions about protecting a company’s trademarks, patents or other intellectual property, it might be helfpul to consult with an attorney in Michigan or Illinois to understand the various aspects of a situation.
Source: The Verge, “Tinder’s parent company is suing Bumble for patent infringement,” Andrew Liptak, March 18, 2018