Editing KEE Action Sports (section)

=== Smart Parts intellectual property ===

On 30 March 2011, KEE Action Sports announced that it had acquired the intellectual property portfolio of [[Smart Parts]], following the company's bankruptcy.

The acquisition included patents associated with electronic paintball markers and existing technology licensing arrangements.

KEE stated that it intended to continue working with existing licensees and other manufacturers interested in licensing the acquired technology.

The company's president and chief executive officer at the time was John Robinson.[5]

Patent assignment records subsequently documented the transfer of Smart Parts intellectual property to KEE Action Sports.

The acquisition involved intellectual property rather than the continuation of Smart Parts' original manufacturing business.[6]