Intellectual Property,
Civil Litigation
Mar. 5, 2020
Vaporstream Inc. and SnapChat reach infringement case deal
A confidential settlement was reached Tuesday between Vaporstream Inc. v. Snap Inc. in a tech patent infringement worth upwards of $9.9M.
After three years of litigation that included a failed attempt by Snap Inc. to throw out a patent infringement lawsuit, the social media company struck a deal with Vaporstream Inc., which accused them of stealing a leak-proof messaging model.
The confidential settlement between Vaporstream Inc. and Snap Inc. -- creators of the popular social media messaging app SnapChat -- was reached a week before trial was scheduled to begin Marc...
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