Dragonite (formerly Ruyan) sells e-vapor business to Imperial Tobacco subsidiary Fontem Ventures for $75 million

[Bill Godshall]

Dragonite (formerly Ruyan) sells e-vapor business to Imperial tobacco subsidiary Fontem Ventures for $75 million
Dragonite Sells E-Vapor Business To ITG | Convenience Store Decisions

Looks like Imperial tobacco's lawyers will now be suing various competitors for allegedly violating Dragonite's e-cigarette patents and other intellectual property rights.

For the price of $75 million, however, Imperial didn't think the patents were as valuable as Dragonite had previously asserted.

 

[2coils]

I would have thought it would have sold for more!

 

[Orb Skewer]

I would have thought it would have sold for more!

Yeah-way more

Some of the patents were updated only this year