Bumble sues Tinder's owner after failed merger talks

Bumble sues Tinder's owner after failed merger talks

"Mere days after Match received the documents, rather than making the revised offer, Match abruptly, and without warning, broke off negotiations when it filed a frivolous intellectual property infringement suit against Bumble".

"Knowing its lawsuit would immediately kill its negotiations with Bumble, Match deviously asked for, and received, Bumble's most sensitive competitive information-without disclosing that it was already planning to sue Bumble", it continued.

Bumble, the popular dating app, and Match Group, which owns another popular dating app, Tinder, are in the midst of a messy, public divorce - and the two sides never even got married to begin with.

Secondly, Bumble alleges that during the acquisition process Match Group fraudulently requested that Bumble provide "confidential and trade secret information" which Match Group said they "needed to provide a higher offer for Bumble".

March attempted to buy Bumble for $450m in August a year ago, which Bumble declined, sparking what it called a "tortious and fraudulent campaign against Bumble".

It also takes a dig at Tinder's swiping design patent, calling it "invalid".

Now Bumble wants $400 million. What makes Bumble different from other dating apps is that only women can make the first move. It alleges Bumble built its entire business model cloning Tinder, with its only distinction being women having the only power to start conversations with men.

Bumble had previously published a letter in response to Match's initial lawsuit, but will presumably also file a a file a separate response to that initial lawsuit, unless a judge decides to consolidate the two cases.

Those talks fell through, so Tinder is resorting to court action, suing Bumble in mid-March claiming it stole trade secrets. "We obviously think their lawsuit has no substance and look forward to proving that in court".

"And then turned around and sued Bumble for patent infringement and trademark infringement".

Bumble responded by publishing an advert in the New York Times, saying the company "swipe left on your multiple attempts to buy us, copy us, and intimidate us".

Related:

Comments

Other news