Spry Fox CEO David Edery has revealed that ownership of the Yeti Town IP has been transferred to his company following an out-of-court settlement with Yeti Town developer 6waves.
Spry Fox began legal proceedings against 6Waves back in February this year, claiming that it used information given to it while in negotiations to publish Triple Town on Facebook to develop its own clone, Yeti Town. 6waves subsequently denied that this was the case.
“We have amicably settled our lawsuit with 6waves,” Edery said in a statement to the press. “We are very happy with the outcome and glad to be finished with this matter. The full terms of the settlement are confidential, but I can disclose that as a consequence of the settlement, ownership of the Yeti Town IP has been transferred to Spry Fox.”