Fontem Ventures B.V. License Agreement with Nicoventures Holdings

 

Fontem Ventures, owner of market leading e-cigarette brand blu, today announces that it has reached a settlement and license agreement with Nicoventures Holdings Limited.

The agreement ends proceedings between the parties in Germany and the European Patent Office in relation to certain of Fontem’s e-vapour technology patents.

Under the terms of the agreement, Fontem Ventures has granted Nicoventures Holdings Limited a non-exclusive licence to exploit certain e-vapour technology patents in consideration for a settlement payment. The remaining terms of the agreement are confidential.

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