Sweet Suite 2016

Buzz Bee Toys Signs Licensing Agreement with The Walking Dead Comic Series

Alex Brands The Walking Dead ToysAlex Brands signed a licensing agreement with Skybound Entertainment’s The Walking Dead comic book series to manufacture, distribute, and market a line of Buzz Bee Toys dart blasters, water guns, and more based on the zombie apocalypse comic..

The new products include a six shot dart blaster with automatic advance that blast darts up to 72 feet and a side by side double barrel dart blaster with a secret storage compartment for extra darts.

Propel Equity Partners Acquires Buzz Bee Toys

AlexBrandsPropel Equity Partners, a private equity firm, has acquired Buzz Bee Toys, which specializes in active play toys. The acquisition marks the eighth by Propel Equity since August of 2012 on behalf of Alex Brands. Buzz Bee Toys will join the Alex Brands family of brands, which includes Alex Toys, Poof, Slinky, Scientific Explorer, and more.

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Hasbro Files Infringement Lawsuits Against Toy Companies

Hasbro, Inc. has filed lawsuits against Buzz Bee Toys, Inc. and Lanard Toys, Inc. for patent infringement for its Nerf and Super Soaker brands. The lawsuits were filed in the United States Federal Court in Springfield, Mass.

Hasbro is seeking to enjoin both companies from infringing two U.S. patents relating to its Nerf-N-Strike Disc Shot blaster. Additionally, the company has sued Buzz Bee Toys for infringing its Nerf Super Soaker water product patent. Hasbro is also seeking monetary damages from both companies for illegal use of its patented technology.