Elettronica
Fontem Ventures B.V., Ten Motives Limited and 10 Motives Limited Announce Settlement Agreement In Relation to E-Vapour Technology Patents
The settlement ends patent infringement proceedings brought by Fontem Ventures and Fontem Holdings 1 in March 2015 in the Patents Court of the High Court of Justice, London , as well as proceedings pending between the parties before the European Patent Office, in each case in relation to certain of Fontem's e-vapour technology patents.
Under the terms of the settlement, Fontem Ventures has granted Ten Motives Limited and 10 Motives Limited a non-exclusive royalty-bearing global licence under the patents asserted in the litigation and certain other e-vapour technology related patents. The remaining settlement terms are confidential.
Fontem Ventures is the owner of blu, a leading e-cigarette brand in the United States and the United Kingdom . Headquartered in the Netherlands , and present on two continents, Fontem Ventures is an innovative consumer goods company, founded in 2012, committed to developing a portfolio of products that meet consumer needs, including the highest quality electronic vaping products.