Acolyte of the Butterfly
Posts: 139 from 2008/7/22
Quote:
KennyR wrote:
Anyway, it's possible that Cloanto have done this under the radar to escape the attentions of the vast army of patent trolls out there who threaten to sue for the slightest reason.
I think it's more likely that they haven't issued any press releases because they a currently in a dispute with another party about rights to their IP and trademarks and don't want to forever be associated with said dispute. There is also the fact that while the dispute is ongoing they are pretty much boxed in, in terms of what they can do, by the 2009 settlement agreement which is still active.
I don't think it would be good PR if you announce to the world that you are the new owner but you're currently in a legal dispute and are unable to announce your future vision for the brand and IP.
