Skillz, AviaGames to settle patent lawsuit over 'copycat' mobile games [Reuters]
Skillz Inc. Class A (SKLZ)
Company Research
Source: Reuters
, opens new tab is settling a patent lawsuit against rival AviaGames over its alleged "copycat" versions of Skillz's mobile games, the companies told a California federal court on Monday. Skillz and AviaGames said in a court filing New Tab , opens new tab on Monday that they "believe they are in agreement upon all final settlement terms" and intend to finalize the agreement on Tuesday. A jury awarded Skillz nearly $42.9 million in damages in February after finding that AviaGames infringed one of its patents. Details of the settlement were not disclosed, and representatives for the companies did not immediately respond on Tuesday to requests for comment. Skillz and another mobile-gaming company, Big Run Studios, have also sued AviaGames for copyright infringement in a still-pending case in Northern California. Las Vegas-based Skillz's platform enables multiplayer competitions in mobile gaming. It sued AviaGames for patent infringement in 2021, alleging that AviaGames' Pocket7G
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News
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SKLZ
Earnings
- 3/14/24 - Beat
SKLZ
Sec Filings
- 4/8/24 - Form 8-K
- 3/18/24 - Form 4
- 3/14/24 - Form NT
- SKLZ's page on the SEC website