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Figma, Motif reach global settlement in IP litigation

Figma, Motif reach global settlement in IP litigation

Business Insider18 hours ago
Figma (FIG) and Motiff 'announced that the companies have reached an agreement to resolve their intellectual property disputes in the U.S. and Singapore. n September 2024, Figma filed a U.S. lawsuit for breach of contract and copyright infringement against Motiff and its affiliates. On the same day that Figma filed its U.S. suit, it also sued Motiff in Singapore for copyright infringement and trademark infringement. Figma and Motiff have mutually agreed to settle both lawsuits. Under the settlement agreement, Motiff will cease selling its current Motiff Editor Tool and will not sell any future products derived from it, globally, with the exception of mainland China. In mainland China, Motiff may continue to sell its current Motiff Editor Tool for one year, while it reengineers and redesigns the product.'
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