March 04, 2015 7:29 AM ET

Software

Company Overview of Flux Factory, Inc.

Company Overview

Vannevar Technology, Inc. was incorporated in 2011 and is based in Los Angeles, California.

500 South Grand Avenue

Suite 2050

Los Angeles, CA 90071

United States

Founded in 2011

Phone:

213-213-7300

Key Executives for Flux Factory, Inc.

President, Chief Executive Officer, and Director
Compensation as of Fiscal Year 2014.

Flux Factory, Inc. Key Developments

Max Sound Corporation Files Complaint Against Google Inc., Flux Factory Inc. for Sustainable Building Design Technology

Max Sound Corporation filed a complaint in Santa Clara County Superior Court against Google Inc., Flux Factory Inc. and the founders and top executives of both companies accusing them of misappropriation of trade secrets, breach of contract, slander of title, unfair competition and fraud. The complaint stems from the intellectual property behind a solution designed to reduce global carbon footprints and increase housing availability. Lawyers with the Dallas firm Buether Joe &Carpenter assert that Flux is founded on intellectual property stolen from New York architect Eli Attia, and Max Sound that bought the authority to enforce Attia's intellectual property rights. The complaint asserts that Google and its founders and key executives lured Attia into deal talks before commandeering his technology and pushing him out of the project and proceeded to develop and exploit Mr. Attia's ideas and know-how for their own benefit. In 2009, Attia was looking for a partner to help develop technology he had created for construction sustainable buildings. Google X contacted Attia in July 2010 to propose a collaboration, according to the complaint. The two parties agreed that Google X would develop Attia's technology for a period of several months in an experiment called Project Genie, and then the parties would decide whether to move forward or scrap the project. A nondisclosure was executed in August, 2010. The complaint further outlines that in 2011 Google executives reneged on their promise and instead worked to exclude Attia. Defendants told Attia they had killed the project in December 2011, according to the complaint, and then went on to form Flux Factory in 2012 based on the technology developed by the Genie project.

Vannevar Technology has Changed its Name to Flux Factory Inc

Vannevar Technology changed its name to Flux Factory Inc.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
March 27, 2014
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